Housing & Shelter
(L21)
990 on File
PARALLEL HOUSING INC
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$701K
Total Revenue
$801K
Total Expenses
$629K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.8%
Fundraising Efficiency
N/A
Operating Reserve
9.42x
Liability-to-Asset
19.7%
Revenue Diversification
1.1%
Executive Compensation
$380K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.8% | 87.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.4 mo | 13.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.7% | 25.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
1.1% | 91.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
159.8% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
243.4% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.2% | -6.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $701K | $801K | $629K | 99.8% | — |
| 2023 | $270K | $233K | $729K | 99.4% | — |
| 2022 | $218K | $224K | $692K | 99.4% | — |
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