Mac Parkman Foundation for Adolescent Concussive Trauma Inc

Analysis

Mac Parkman Foundation for Adolescent Concussive Trauma Inc is a registered charity in United States, based in Anna Maria, FL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Mac Parkman Foundation for Adolescent Concussive Trauma Inc reported income of $262k and spending of $396k, spending 151% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $285k to $262k (-8.1%), an average of -4.1% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mac Parkman Foundation for Adolescent Concussive Trauma Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Dupuytren Research Group Inc ($262k), Lifeplan ($262k) and Sister2sister Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. At year end it held assets of $56k against liabilities of $5,220, net assets of $51k.