Parkinsons Body and Mind Inc

Analysis

Parkinsons Body and Mind Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover health care, 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, Parkinsons Body and Mind Inc reported income of $353k and spending of $149k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $353k (+392%), an average of +392% a year. The sharpest change came in the year to December 2023, when income rose by 392%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinsons Body and Mind Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Chestnut Health Qalicb Inc ($352k), A Cure in Our Lifetime Inc ($353k) and Giving Health Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $104k (70% of expenses). At year end it held assets of $275k against liabilities of $5,088, net assets of $270k. It reported 1 employees.