Resource Center for Parents & Children

Analysis

Resource Center for Parents & Children is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in June 1981, 45 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 June 2023, Resource Center for Parents & Children reported income of $1.6m and spending of $1.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.6m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource Center for Parents & Children sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within AK. Charities of a similar size with the same main cause include Hope Center Foundation ($1.6m), Douglas County Child Development Association ($1.6m) and Domestic Violence Services of Cumberland & Perry Counties ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $179k (9.9% of expenses). Other salaries and wages came to $861k. At year end it held assets of $953k against liabilities of $186k, net assets of $767k. It reported 35 employees.