Community Improvement
(S200)
IRS Verified
DX Registered
990 on File
PARKER STREET MINISTRIES INC
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
To participate in the vision of God’s love, Parker Street Ministries is committed to Gospel-centered community development beginning in Lakeland’s Parker Street neighborhood through the focus areas of: Fostering Spiritual Growth so Christ and His Gospel are front and center, Supporting Lifetime Learners through educational opportunities, Stabilizing the Neighborhood by addressing the quality and availability of housing, and Cultivating Connections so gaps in relationships and services are bridged.
Financial Overview — FY 2024
$7.5M
Total Revenue
$1.6M
Total Expenses
$11.5M
Net Assets
39
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.9%
Fundraising Efficiency
N/A
Operating Reserve
84.59x
Liability-to-Asset
0.2%
Revenue Diversification
98.6%
Executive Compensation
$102K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
86.9% | 85.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.9% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
84.6 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.2% | 21.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.6% | 90.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
89.8% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.7% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
78.2% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.5M | $1.6M | $11.5M | 86.9% | 39 |
| 2023 | $3.9M | $1.4M | $5.6M | 85.6% | 39 |
| 2022 | $1.4M | $1.1M | $3.1M | 85.7% | 34 |
| 2021 | $1.7M | $989K | N/A | — | 30 |
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