Charity Search / PARACHUTES FOR PATRIOTS CORP
Public & Societal Benefit (W99) IRS Verified DX Registered 990 on File

PARACHUTES FOR PATRIOTS CORP

EIN: 83-1853961 · DELAND, FL 32724-0000 · United States · FY 2023 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 45/100
Effectiveness (25%) 73/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$61K
Total Revenue
$62K
Total Expenses
$67K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 102.0%
Fundraising Efficiency 699.3%
Operating Reserve 13.04x
Liability-to-Asset 3.8%
Revenue Diversification 75.0%
Compared with Peers
FY 2023
Compared with 2,844 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2023.
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
102.0% 80.7%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
699.3% 46.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.0 mo 17.0 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
3.8% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
75.0% 100.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
7.2% -1.7%
P10P90
Expense growth
Year over year expense growth
14.8% 2.0%
P10P90
Surplus margin
Surplus as a share of revenue
-1.0% 13.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $61K $62K $67K 102.0% —
2022 $57K $54K $68K 94.6% —
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Organization Details
EIN
83-1853961
State
FL
City
DELAND
ZIP
32724-0000
Classification
W99
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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