Parents for Public Schools Inc

Analysis

Parents for Public Schools Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Parents for Public Schools Inc reported income of $410k and spending of $551k, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $183k to $410k (+124%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 340%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents for Public Schools Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MS. Charities of a similar size with the same main cause include Sandpoint Soccer Association Inc ($410k), United Workers Association Inc ($410k) and Hillel the Foundation for Jewish Campus Life ($410k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $59k (11% of expenses). Other salaries and wages came to $201k. At year end it held assets of $503k against liabilities of $239k, net assets of $264k. It reported 7 employees.