Parent Choice Inc
Analysis
Parent Choice Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Parent Choice Inc reported income of $1.1m and spending of $603k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $1.1m (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 73% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Choice Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Baltimore Jewish Council Inc ($1.1m), Coastal Community School Corporation ($1.1m) and Chabad Tuition Organization Inc ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.8m against liabilities of $33k, net assets of $1.8m.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baltimore Jewish Council Inc | Baltimore | $1.1m |
| Coastal Community School Corporation | Satellite BCH | $1.1m |
| Chabad Tuition Organization Inc | Phoenix | $1.1m |
| Casa Montessori Child Development Centers Inc | Austin | $1.1m |