Parkland Light & Water Company
501(c)(12)
Only null% goes to programs Strong reserves
Parkland Light & Water Company is a 501(c)(12) organization based in Tacoma, Washington, registered in 1934, with $16,963,033 in FY2024 revenue. CharityIndex grades it B.
Po Box 44426, Tacoma, WA, 98448 EIN 91-0357190 Since 1934
Revenue (FY2024)
$17.0M
▲ 3.8% vs prior year
Expenses (FY2024)
$14.0M
Net assets
$51.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Parkland Light & Water Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating44 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Parkland Light & Water Company: 44 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Parkland Light & Water Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Parkland Light & Water Company: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 44426, Tacoma, WA, 98448
- City
- Tacoma
- State
- Washington
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $10.3M (FY2013) to $17.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.9MNet assets $51.3M
Operating margin
17.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$58.2M
Total liabilities
$6.9M
Net assets
$51.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,963,033▲3.8% | $14,019,230▲13.3% | $51,319,175▲6.5% | $58,213,757▲16.8% | 990 |
| 2023 | $16,347,456▲4.0% | $12,370,398▼1.8% | $48,190,372▲9.3% | $49,827,747▲9.0% | 990 |
| 2022 | $15,722,417▲3.6% | $12,601,272▲3.9% | $44,086,814▲7.9% | $45,720,274▲7.0% | 990 |
| 2021 | $15,177,864▼2.9% | $12,128,302▲1.0% | $40,861,169▲8.6% | $42,709,754▲9.4% | 990 |
| 2020 | $15,631,045▲4.4% | $12,010,599▲2.9% | $37,608,507▲11.1% | $39,039,091▲10.8% | 990 |
| 2019 | $14,966,048▲14.8% | $11,676,455▲2.9% | $33,849,061▲14.3% | $35,234,221▲14.3% | 990 |
| 2018 | $13,038,669▼0.4% | $11,350,690▲2.1% | $29,612,004▲6.5% | $30,836,284▲6.1% | 990 |
| 2017 | $13,088,654▲5.7% | $11,116,249▲9.3% | $27,812,025▲7.9% | $29,052,582▲7.5% | 990 |
| 2016 | $12,378,006▲13.7% | $10,168,647▼0.4% | $25,778,870▲9.6% | $27,013,934▲9.9% | 990 |
| 2015 | $10,886,711▲0.2% | $10,214,353▼2.0% | $23,519,511▲3.2% | $24,582,178▲2.7% | 990 |
| 2014 | $10,860,323▲5.9% | $10,425,911▲3.3% | $22,791,153▲2.1% | $23,935,531▲2.1% | 990 |
| 2013 | $10,256,231 | $10,092,007▲5.6% | $22,317,741▲0.8% | $23,437,546▲1.6% | 990 |
| 2012 | — | $9,553,628▲6.1% | $22,130,517▲1.2% | $23,077,442▲1.3% | 990 |
| 2011 | — | $9,006,497 | $21,867,154 | $22,788,292 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Parkland Light & Water Company a legitimate nonprofit?
- Yes. Parkland Light & Water Company is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 91-0357190, based in Tacoma, Washington.
- What is Parkland Light & Water Company's EIN?
- Parkland Light & Water Company's Employer Identification Number (EIN) is 91-0357190.
- How much revenue does Parkland Light & Water Company report?
- Parkland Light & Water Company reported $16,963,033 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Parkland Light & Water Company have?
- CharityIndex grades Parkland Light & Water Company B, based on financial health (reserves and operating margin).
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Data for Parkland Light & Water Company (EIN 91-0357190) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.