Parents Education Foundation Inc

Analysis

Parents Education Foundation Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Parents Education Foundation Inc reported income of $211k and spending of $206k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $231k to $211k (-8.5%), an average of -8.5% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents Education Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Team Scream Robotics Inc ($211k), Anaya Scholars Inc ($211k) and Aiken High School All-Sports Booster Club ($211k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (32% of expenses). Other salaries and wages came to $22k. At year end it held assets of $98k against liabilities of $0, net assets of $98k.