Parents Engaging Parents

Analysis

Parents Engaging Parents is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Parents Engaging Parents reported income of $170k and spending of $366k, spending 216% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $265k to $170k (-36%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents Engaging Parents sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Marine Park Alliance Corp ($170k), Oak Grove Band Boosters Inc ($170k) and Florence Thomas Art School Inc ($170k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (28% of expenses). At year end it held assets of $68k against liabilities of $18k, net assets of $50k. It reported 1 employees.