Parkway Village Inc

Analysis

Parkway Village Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Parkway Village Inc reported income of $13.6m and spending of $14.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.0m to $13.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkway Village Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include Mur-Ci Homes Inc ($13.6m), Uplands Village ($13.6m) and James L Maher Center ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $184k (1.3% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $42.2m against liabilities of $18.7m, net assets of $23.5m. It reported 89 employees.