Parents Educating Parents & Professionals Inc

Analysis

Parents Educating Parents & Professionals Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2021, Parents Educating Parents & Professionals Inc reported income of $122k and spending of $236k, spending 194% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $363k to $122k (-66%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parents Educating Parents & Professionals Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include The Daniel Trust Foundation Inc ($122k), Sunshine Circle Inc ($122k) and Missourians United to Combat Hunger Inc ($122k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $45k (19% of expenses). Other salaries and wages came to $13k. At year end it held assets of $1,100 against liabilities of $151k, net assets of -$150k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.