Planned Parenthood Greater Memphis Region Inc

Analysis

Planned Parenthood Greater Memphis Region Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1967, 59 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Planned Parenthood Greater Memphis Region Inc reported income of $11.5m and spending of $8.4m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $12.7m to $11.5m (-9.1%), an average of -3.1% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood Greater Memphis Region Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Newbridge Services Inc ($11.5m), Oakes Community Hospital ($11.5m) and Ronald McDonald House Charities of Northeast Ohio Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $502k (6.0% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $32.7m against liabilities of $305k, net assets of $32.4m. It reported 118 employees.