Parents in Training Inc

Analysis

Parents in Training Inc is a registered charity in United States, based in Crescent City, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Parents in Training Inc reported income of $20.2m and spending of $18.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $525k to $20.2m (+3749%), an average of +149% a year. The sharpest change came in the year to December 2020, when income rose by 825%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents in Training Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Sonoran University of Health Sciences ($20.2m), Prairiestar Health Center Inc ($20.2m) and Congressional School Inc ($20.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $130k (0.7% of expenses). Other salaries and wages came to $62k. At year end it held assets of $4.1m against liabilities of $23k, net assets of $4.0m. It reported 9 employees.