National Parents Union Inc
Analysis
National Parents Union Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in March 2020, 6 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, National Parents Union Inc reported income of $3.7m and spending of $2.9m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.5m to $3.7m (+148%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Parents Union Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Blue Card Inc ($3.7m), Under Construction Educational ($3.7m) and Accompany Capital Inc ($3.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1.7m (59% of expenses). At year end it held assets of $1.0m against liabilities of $179k, net assets of $832k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Blue Card Inc | New York | $3.7m |
| Under Construction Educational | Salinas | $3.7m |
| Accompany Capital Inc | New York | $3.7m |
| Endeavors Unlimited Inc | San Antonio | $3.7m |