Pibly Residential Programs Inc

Analysis

Pibly Residential Programs Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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 June 2023, Pibly Residential Programs Inc reported income of $25.6m and spending of $25.2m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.3m to $25.6m (+33%), an average of +9.9% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pibly Residential Programs Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include St Coletta of Greater Washington Inc ($25.6m), New Hope of Indiana Inc ($25.6m) and Steward School Corporation ($25.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $664k (2.6% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $22.9m against liabilities of $18.5m, net assets of $4.4m. It reported 226 employees.