Parents for Student Success

Analysis

Parents for Student Success is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, Parents for Student Success reported income of $124k and spending of $121k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.1m to $124k (-89%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parents for Student Success sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within WA. Charities of a similar size with the same main cause include Hendrix Endowment TR 51-3623360 ($124k), One Mile Leadership Project Inc ($124k) and Canton Youth Lacrosse Club Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $524k against liabilities of $1,215, net assets of $523k.