Parkland Foundation

Analysis

Parkland Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Parkland Foundation reported income of $16.3m and spending of $15.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.6m to $16.3m (-17%), an average of -4.6% a year. The sharpest change came in the year to September 2022, when income rose by 51%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkland Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Syracuse Home Association ($16.3m), Mosaic Senior Services Inc ($16.3m) and KVC Health Systems Inc ($16.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $1.5m (9.6% of expenses). Other salaries and wages came to $1.6m. It paid $224k in professional fundraising fees. At year end it held assets of $39.1m against liabilities of $3.0m, net assets of $36.1m. It reported 27 employees.