Parent to Parent of Miami Inc

Analysis

Parent to Parent of Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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 September 2023, Parent to Parent of Miami Inc reported income of $946k and spending of $929k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $842k to $946k (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent to Parent of Miami Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Center of Hope ($946k), Peach Belt Athetic Conference Inc ($946k) and Austin Area Research Organization Inc ($946k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $77k (8.3% of expenses). Other salaries and wages came to $449k. At year end it held assets of $953k against liabilities of $408k, net assets of $545k. It reported 26 employees.