Parents Invincible Inc

Analysis

Parents Invincible Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Invincible Inc reported income of $988k and spending of $813k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $821k to $988k (+20%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents Invincible Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Bay Area Kinderstube ($988k), Pathway School Inc ($988k) and Cristo Rey Tampa Work Study Inc ($988k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $502k. At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 12 employees.