Parc Endowment Fund

Analysis

Parc Endowment Fund is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Parc Endowment Fund reported income of $167k and spending of $113k, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $589k to $167k (-72%), an average of -27% a year. The sharpest change came in the year to September 2021, when income rose by 289%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parc Endowment Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Hope Full Farm ($167k), Real Estate Alliance for Charity Inc ($167k) and Project Life Inc ($167k).

At year end it held assets of $4.3m against liabilities of $3,000, net assets of $4.3m.