P โ€” Human ServicesEIN: 160909583ยท Ruling Year: 1967

Parachute Credit Counseling Inc

West Seneca, New York

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$1.7M
Total Revenue
๐Ÿ“Š
$1.7M
Total Expenses
๐Ÿฆ
$1.2M
Net Assets
๐Ÿ“‹
$183K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
13.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,656,143โ†“2%$1,704,761$1,339,233โ†“15%
2022$1,698,417โ†“16%$1,698,094$1,575,678โ†‘15%
2021$2,023,001โ†‘8%$1,699,035โ†“3%$1,364,905โ†‘9%
2020$1,868,155โ†‘10%$1,753,087โ†‘9%$1,252,296โ†‘39%
2019$1,704,474โ†‘10%$1,602,659โ†‘4%$901,777โ†‘5%
2018$1,556,577โ†‘10%$1,545,378โ†‘10%$862,305โ†‘8%
2017$1,412,298โ†‘10%$1,409,550โ†‘7%$796,846โ†‘14%
2016$1,278,944โ†‘1%$1,317,936โ†“1%$697,494
2015$1,269,370โ†“13%$1,328,612โ†“14%$697,529โ†“9%
2014$1,464,684โ†“7%$1,539,871$767,284โ†“18%
2013$1,577,409โ†‘3%$1,538,770โ†‘2%$934,678โ†‘2%
2012$1,534,203โ†“3%$1,502,695โ†“3%$918,264โ†‘3%
2011$1,586,288$1,551,305$892,211

Frequently Asked Questions

What does Parachute Credit Counseling Inc do?โ–ผ

Parachute Credit Counseling Inc is a human services nonprofit organization based in New York. It is classified under NTEE code P51Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Parachute Credit Counseling Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Parachute Credit Counseling Inc.

How much revenue does Parachute Credit Counseling Inc generate?โ–ผ

Parachute Credit Counseling Inc reports $1.7M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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Parachute Credit Counseling Inc โ€” West Seneca, NY | GiveScope