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Parker Street Ministries Inc

EIN 59-3579886 · Lakeland, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PARKER STREET MINISTRIES IS A CHRIST-CENTERED ORGANIZATION COMMITTED TO INDIVIDUAL, FAMILY AND COMMUNITY RESTORATION, RECONCILIATION AND REVITALIZATION BEGINNING IN LAKELAND'S PARKER STREET COMMUNITY.

Income
$7.5 million
Spending
$1.6 million
Spent on programs
87%
Reserves
10.3 months of spending
Largest source of income
donations and private grants, 99%
Employees
39
Volunteers
677
Highest pay
$102,030, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 81% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 10.3 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 78% of income.

  • Income trend

    15 of 15

    Income rose 90% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.4 million spent. VOLUNTEERS ARE VITAL RESOURCES FOR DELIVERING PROGRAMS. IN 2024, 677 UNDUPLICATED VOLUNTEERS LOGGED MORE THAN 3,600 HOURS THROUGH PSM AND 28 OF THOSE VOLUNTEERS WERE NEIGHBORHOOD RESIDENTS. THE IN-KIND VALUE OF VOLUNTEER HOURS IN 2024 WAS 121,023.15 (INDEPENDENT SECTOR). THE ORGANIZATION'S CURRENT LONG-RANGE PLAN (2023-27) FEATURES FOUR FOCUS AREAS. FOSTERING SPIRITUAL GROWTH: ENCOURAGING SPIRITUAL GROWTH BY MAKING CHRIST AND HIS GOSPEL CENTRAL THROUGH THE PRACTICE OF SPIRITUAL DISCIPLINES. THIS EQUIPS PARKER STREET AND NORTH LAKE WIRE NEIGHBORHOOD RESIDENTS TO INTEGRATE THESE PRACTICES INTO THEIR LIVES, NO MATTER WHERE THEY LIVE. SUPPORTING LIFETIME LEARNERS: OFFERING YEAR-ROUND EDUCATIONAL OPPORTUNITIES, INCLUDING ACADEMIC ENRICHMENT FOR K-12 STUDENTS. A SUMMER WORKFORCE PROGRAM TEACHES YOUNG HIGH SCHOOLERS ESSENTIAL JOB SKILLS, PROVIDES STIPENDS, AND EMPHASIZES THE IMPORTANCE OF SAVING. STABILIZING THE NEIGHBORHOOD: ENHANCING THE QUALITY AND AVAILABILITY OF HOUSING BY LEVERAGING VOLUNTEERS AND PARTNERSHIPS WITH LANDLORDS AND AGENCIES. ACTIVITIES SUCH AS NEIGHBORHOOD CLEANUPS, LANDSCAPING, HOME REPAIRS, AND THE CONSTRUCTION OF HOMES FOR THOSE UNDERHOUSED AND COST- BURDENED TO STABILIZE FAMILIES AND CONTRIBUTE TO A VIBRANT, MIXED-INCOME COMMUNITY. CULTIVATING CONNECTIONS: BRIDGING GAPS IN RELATIONSHIPS AND SERVICES THROUGH ACTIVITIES LIKE THE NEIGHBORHOOD CHRISTMAS STORE AND COMMUNITY GATHERINGS. STRENGTHENING MINISTRY CONNECTIONS WITH PARKER STREET AND NORTH LAKE WIRE FAMILIES FOSTERS A DIVERSE COMMUNITY THAT LEARNS FROM AND CARES FOR ONE ANOTHER. MEASURES, PROGRAM INFORMATION, AND FINANCIAL DOCUMENTS CAN BE FOUND AT PSMLAKELAND.ORG OR AT CANDID.ORG. VOLUNTEERS ARE VITAL RESOURCES FOR DELIVERING PROGRAMS. IN 2024, 677 UNDUPLICATED VOLUNTEERS LOGGED MORE THAN 3,600 HOURS THROUGH PSM AND 28 OF THOSE VOLUNTEERS WERE NEIGHBORHOOD RESIDENTS. THE IN-KIND VALUE OF VOLUNTEER HOURS IN 2024 WAS 121,023.15 (INDEPENDENT SECTOR). THE ORGANIZATION'S CURRENT LONG-RANGE PLAN (2023-27) FEATURES FOUR FOCUS AREAS. FOSTERING SPIRITUAL GROWTH: ENCOURAGING SPIRITUAL GROWTH BY MAKING CHRIST AND HIS GOSPEL CENTRAL THROUGH THE PRACTICE OF SPIRITUAL DISCIPLINES. THIS EQUIPS PARKER STREET AND NORTH LAKE WIRE NEIGHBORHOOD RESIDENTS TO INTEGRATE THESE PRACTICES INTO THEIR LIVES, NO MATTER WHERE THEY LIVE. SUPPORTING LIFETIME LEARNERS: OFFERING YEAR-ROUND EDUCATIONAL OPPORTUNITIES, INCLUDING ACADEMIC ENRICHMENT FOR K-12 STUDENTS. A SUMMER WORKFORCE PROGRAM TEACHES YOUNG HIGH SCHOOLERS ESSENTIAL JOB SKILLS, PROVIDES STIPENDS, AND EMPHASIZES THE IMPORTANCE OF SAVING. STABILIZING THE NEIGHBORHOOD: ENHANCING THE QUALITY AND AVAILABILITY OF HOUSING BY LEVERAGING VOLUNTEERS AND PARTNERSHIPS WITH LANDLORDS AND AGENCIES. ACTIVITIES SUCH AS NEIGHBORHOOD CLEANUPS, LANDSCAPING, HOME REPAIRS, AND THE CONSTRUCTION OF HOMES FOR THOSE UNDERHOUSED AND COST- BURDENED TO STABILIZE FAMILIES AND CONTRIBUTE TO A VIBRANT, MIXED-INCOME COMMUNITY. CULTIVATING CONNECTIONS: BRIDGING GAPS IN RELATIONSHIPS AND SERVICES THROUGH ACTIVITIES LIKE THE NEIGHBORHOOD CHRISTMAS STORE AND COMMUNITY GATHERINGS. STRENGTHENING MINISTRY CONNECTIONS WITH PARKER STREET AND NORTH LAKE WIRE FAMILIES FOSTERS A DIVERSE COMMUNITY THAT LEARNS FROM AND CARES FOR ONE ANOTHER. MEASURES, PROGRAM INFORMATION, AND FINANCIAL DOCUMENTS CAN BE FOUND AT PSMLAKELAND.ORG OR AT CANDID.ORG.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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