Parity Org Inc

Analysis

Parity Org Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Parity Org Inc reported income of $250k and spending of $424k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $250k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Parity Org 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 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Youth Outright WNC Inc ($250k), Rise Foundation by Envoy Inc ($250k) and Rainbow Families DC ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $188k (44% of expenses). At year end it held assets of $357k against liabilities of $1,110, net assets of $356k. It reported 1 employees.