Drive Away Parkinsons Inc

Analysis

Drive Away Parkinsons Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover medical research, 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, Drive Away Parkinsons Inc reported income of $63k and spending of $60k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $63k (+14%), an average of +14% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Drive Away Parkinsons Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Alexs Saints Foundation ($63k), MPN Peoria ($63k) and Elw Drive for a Cure ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $5,015 against liabilities of $0, net assets of $5,015.