Parole Preparation Project Inc

Analysis

Parole Preparation Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover crime and legal-related, 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, Parole Preparation Project Inc reported income of $997k and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $997k (+226%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Parole Preparation Project Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Amistad Law Project ($997k), Casa of the Eastern Panhandle Inc ($998k) and Southeast Spouse Abuse Program ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $707k (64% of expenses). At year end it held assets of $607k against liabilities of $42k, net assets of $565k.