Parent Next Door

Analysis

Parent Next Door is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Parent Next Door reported income of $62k and spending of $53k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $500k to $62k (-88%), an average of -88% a year. The sharpest change came in the year to December 2023, when income dropped by 88%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parent Next Door sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Hope Rising for Children Inc ($62k), Society of St Vincent de Paul Community Outreach of North Texas ($62k) and Lasalle County Farm Bureau Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $457k against liabilities of $0, net assets of $457k.