Parent-Child Relationship Association Inc

Analysis

Parent-Child Relationship Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Parent-Child Relationship Association Inc reported income of $460k and spending of $449k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $143k to $460k (+221%), an average of +79% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Parent-Child Relationship Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Old Songs Inc ($459k), Sva Alumni Society Inc ($460k) and Savannah Science Museum Inc ($459k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). Other salaries and wages came to $170k. At year end it held assets of $150k against liabilities of $9,976, net assets of $140k. It reported 14 employees.