PWC Foundation Inc

Analysis

PWC Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, PWC Foundation Inc reported income of $23.7m and spending of $37.7m, spending 159% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $25.5m to $23.7m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to September 2020, when income rose by 40%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PWC Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Norwood School Inc ($23.6m), Pacoima Charter School ($23.7m) and Foundation Academy Charter School ($23.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $109.3m against liabilities of $25.5m, net assets of $83.8m.