Parrish Charitable Foundation

Analysis

Parrish Charitable Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Parrish Charitable Foundation reported income of $214k and spending of $371k, spending 174% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $306k to $214k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parrish Charitable Foundation 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 59th percentile within TX. Charities of a similar size with the same main cause include Jesus Mission Center ($214k), Arthur Lockhart Resource Institute ($214k) and Gentry County Senior Center Inc ($214k).

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 $30k against liabilities of $0, net assets of $30k.