Peoples Parity Project
Analysis
Peoples Parity Project is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2023, Peoples Parity Project reported income of $655k and spending of $499k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $217k to $655k (+202%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 336%. Over the whole period it spent 72% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Peoples Parity Project sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include West Virginia Bar Foundation Inc ($655k), Hagar USA Inc ($655k) and Resolve Center for Dispute Resolution and Restorative Justice ($654k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $252k. At year end it held assets of $456k against liabilities of $22k, net assets of $434k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West Virginia Bar Foundation Inc | Charleston | $655k |
| Hagar USA Inc | Charlotte | $655k |
| Resolve Center for Dispute Resolution and Restorative Justice | Medford | $654k |
| Low Country Legal Volunteers | Bluffton | $656k |