Maryam Parman Foundation for Children Inc

Analysis

Maryam Parman Foundation for Children Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in October 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 (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, Maryam Parman Foundation for Children Inc reported income of $400k and spending of $333k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $637k to $400k (-37%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income rose by 277%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryam Parman Foundation for Children Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Hispanic American Association of Delaware Inc ($400k), Capacidad ($400k) and Newaygo County Compassion Home for the Terminally Ill ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). Other salaries and wages came to $77k. At year end it held assets of $395k against liabilities of $15k, net assets of $379k. It reported 2 employees.