Parker Academy Child Care and Learning Center Inc

Analysis

Parker Academy Child Care and Learning Center Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 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, Parker Academy Child Care and Learning Center Inc reported income of $410k and spending of $457k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $264k to $410k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parker Academy Child Care and Learning Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Shift Garage ($410k), Kids First Family Services ($410k) and Northwest Youth Power Elc Site 3 Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $72k (16% of expenses). Other salaries and wages came to $207k. At year end it held assets of $54k against liabilities of $67k, net assets of -$13k. It reported 31 employees.