Parents Center Inc

Analysis

Parents Center Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2024, Parents Center Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Parents Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include I Be Black Girl ($2.3m), Unemployment Law Project ($2.3m) and California Black Power Network ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $250k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $526k against liabilities of $408k, net assets of $118k. It reported 24 employees.