Parkinsons Wellness Project Inc

Analysis

Parkinsons Wellness Project Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. 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, Parkinsons Wellness Project Inc reported income of $115k and spending of $100k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $57k to $115k (+103%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parkinsons Wellness Project Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Alvarado Knee Research Institute Inc ($115k), Friends of Sakonnet Lighthouse Inc ($115k) and Hinesburg Nursery School ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.