Parkinson Place Inc

Analysis

Parkinson Place Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Parkinson Place Inc reported income of $542k and spending of $485k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $313k to $542k (+73%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinson Place Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Winneshiek Medical Center Foundation ($542k), Tb1 Fund Inc ($542k) and Community Hope Christian Counseling and Mental Health Center ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $170k. At year end it held assets of $88k against liabilities of $22k, net assets of $66k. It reported 4 employees.