Parker Youth Inc

Analysis

Parker Youth Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Parker Youth Inc reported income of $973k and spending of $815k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $945k to $973k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Parker Youth Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Boys & Girls Club of Cathedral City ($972k), Northern Frontier Brigade Camp Association Inc ($973k) and Common Ground Foundation Inc ($971k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $60k (7.4% of expenses). At year end it held assets of $1.7m against liabilities of $3,955, net assets of $1.7m. It reported 1 employees.