Parents Reaching Out to Help Incorporated

Analysis

Parents Reaching Out to Help Incorporated is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1989, 37 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 June 2023, Parents Reaching Out to Help Incorporated reported income of $852k and spending of $814k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $936k to $852k (-9.0%), an average of -2.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents Reaching Out to Help Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include New Horizon Center Inc ($852k), Big Apple Performing Arts Inc ($852k) and Bethel Renewal Center a NJ Nonprofit Corporation ($852k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $66k (8.1% of expenses). Other salaries and wages came to $254k. At year end it held assets of $529k against liabilities of $82k, net assets of $447k. It reported 12 employees.