Donald N Parodi Memorial Charitable TR 060190

Analysis

Donald N Parodi Memorial Charitable TR 060190 is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Donald N Parodi Memorial Charitable TR 060190 reported income of $87k and spending of $92k, spending 106% of what it took in. The sharpest change came in the year to May 2022, when income rose by 251%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Donald N Parodi Memorial Charitable TR 060190 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Korean School of Sacramento ($87k), Ramw Education Foundation Inc ($87k) and The Hobart Adult Football Booster Club ($87k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.4m against liabilities of $85k, net assets of $1.3m.