PHuman ServicesEIN: 141347440· Ruling Year: 1946

Parsons Child & Family Center

Albany, New York

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median7.39×
💰
$58.4M
Total Revenue
📊
$58.7M
Total Expenses
🏦
$21.6M
Net Assets
📋
$26.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$58,354,0866%$58,704,05719%$48,186,9177%
2022$54,919,8314%$49,154,2095%$44,937,7965%
2021$52,590,5371%$51,651,16110%$47,407,8766%
2020$53,289,84516%$47,035,0083%$44,759,15032%
2019$45,939,4085%$45,566,4725%$33,983,02337%
2018$43,868,2922%$43,234,8831%$24,776,36810%
2017$42,986,1091%$42,694,3781%$22,505,0421%
2016$43,471,2866%$43,109,8843%$22,381,9662%
2015$40,923,6205%$41,669,6481%$22,849,3807%
2014$42,862,8164%$41,893,7984%$24,683,4679%
2013$41,243,1223%$40,367,6711%$22,651,8213%
2012$39,864,549$39,815,6033%$23,272,7362%
2011$39,833,667$38,822,795$22,850,062

Frequently Asked Questions

What does Parsons Child & Family Center do?

Parsons Child & Family Center is a human services nonprofit organization based in New York. It is classified under NTEE code P300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Parsons Child & Family Center financially healthy?

Based on our 9-metric Financial Health Score model, Parsons Child & Family Center has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Parsons Child & Family Center generate?

Parsons Child & Family Center reports $59.9M in annual revenue and holds $51.5M in total assets, based on IRS filings.

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