Parkview Services

Analysis

Parkview Services is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parkview Services reported income of $7.5m and spending of $8.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $7.5m (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkview Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Huckleberry Youth Programs Inc ($7.5m), Sunrise 2000 Ins ($7.5m) and Veterans of Foreign Wars National Home for Children ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $116k (1.4% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $30.8m against liabilities of $27.7m, net assets of $3.1m. It reported 111 employees.