Parent Information Center of Delaware Inc

Analysis

Parent Information Center of Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parent Information Center of Delaware Inc reported income of $2.1m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $2.1m (+316%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 124%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Information Center of Delaware Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include Transit System Inc ($2.1m), JTM Health Facilities Foundation Inc ($2.1m) and Henderson County Rescue Squad ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (4.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $824k against liabilities of $156k, net assets of $668k. It reported 40 employees.