Parakaleo Christian Ministries Inc

Analysis

Parakaleo Christian Ministries Inc is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in October 1980, 46 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, Parakaleo Christian Ministries Inc reported income of $169k and spending of $159k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $272k to $169k (-38%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parakaleo Christian Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Eolia Community Fire Department Inc ($169k), Lanterman Historical Museum Foundation ($169k) and Mid County Youth Soccer Club ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,674 against liabilities of $22k, net assets of -$15k.