Pennock Center for Counseling

Analysis

Pennock Center for Counseling is a registered charity in United States, based in Brighton, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pennock Center for Counseling reported income of $394k and spending of $348k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $394k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennock Center for Counseling sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Harvard Yearbook Publications Incorporated ($394k), Little League Baseball Inc ($394k) and The Literacy Council of Sarasota Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $93k (27% of expenses). Other salaries and wages came to $168k. At year end it held assets of $223k against liabilities of $7,212, net assets of $216k.