PB and J Inc

Analysis

PB and J Inc is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, PB and J Inc reported income of $745k and spending of $636k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $745k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PB and J Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Relationship Training Institute ($745k), Center for Excellence in Adoption Services Inc ($745k) and Fort Mill Care Center Inc ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 71% of the total. Other salaries and wages came to $410k. At year end it held assets of $1.1m against liabilities of $819k, net assets of $246k. It reported 14 employees.