Texas Parent-To-Parent

Analysis

Texas Parent-To-Parent is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 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, Texas Parent-To-Parent reported income of $850k and spending of $769k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $972k to $850k (-13%), an average of -6.5% a year. 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, Texas Parent-To-Parent sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include YMCA of Callaway County ($850k), Central Florida Hope Center Inc ($850k) and Community Empowerment Council ($850k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $356k. It paid $7,500 in professional fundraising fees. At year end it held assets of $289k against liabilities of $30k, net assets of $259k. It reported 17 employees.