United Parents Inc

Analysis

United Parents Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, United Parents Inc reported income of $8.6m and spending of $7.9m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.6m to $8.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Parents Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Baltimore Montessori Inc ($8.6m), St Louis Language Immersion Schools Inc ($8.6m) and Civitan Center ($8.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $292k (3.7% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $17.2m against liabilities of $3.3m, net assets of $13.8m. It reported 118 employees.