Pssi Washington Inc

Analysis

Pssi Washington Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pssi Washington Inc reported income of $519k and spending of $538k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $694k to $519k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pssi Washington Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Twin Cities Fundraising Association ($519k), Red River Infinity Volleyball Inc ($520k) and Teen Up-Ward Bound Inc ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $315k (59% of expenses). Other salaries and wages came to $50k. At year end it held assets of $1.2m against liabilities of $4,869, net assets of $1.2m. It reported 2 employees.