Parkway Health Center Inc

Analysis

Parkway Health Center Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Center Inc reported income of $3.1m and spending of $4.3m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.1m (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkway Health Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Riddle Health Care Services ($3.1m), Vna Home Health Services Inc ($3.1m) and Youngstown Committee on Alcoholism Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.6m. At year end it held assets of -$177k against liabilities of $14k, net assets of -$191k. It reported 54 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.