Single Parents Alliance & Resource Center Inc

Analysis

Single Parents Alliance & Resource Center Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in April 2002, 24 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, Single Parents Alliance & Resource Center Inc reported income of $975k and spending of $1.1m, spending 108% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $1.7m to $975k (-44%), an average of -44% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Single Parents Alliance & Resource Center Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include NM Comunidades En Accion Y de Fe ($975k), Upper Room Dining Hall Inc ($975k) and Estancia Corazon Inc ($975k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $404k against liabilities of -$8,640, net assets of $412k.