Parent Services Project Inc

Analysis

Parent Services Project Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in November 1993, 33 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 June 2023, Parent Services Project Inc reported income of $564k and spending of $735k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $351k to $564k (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parent Services Project Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Rai Ministries Inc ($564k), Jacksons Pay It Forward Foundation Inc ($564k) and Franciscan Community Development Center of Fairview ($563k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $122k (17% of expenses). Other salaries and wages came to $327k. At year end it held assets of $816k against liabilities of $160k, net assets of $656k. It reported 7 employees.