109 James Parker Inc

Analysis

109 James Parker Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, 109 James Parker Inc reported income of $216k and spending of $387k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $216k (-13%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income rose by 1032%. Over the whole period it spent 6.9% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 109 James Parker Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Hope Encourage Love Protect ($216k), Pawsitivity ($216k) and Marshall M Club ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11.2m against liabilities of $323k, net assets of $10.9m.