Pendleton Foundation Inc

Analysis

Pendleton Foundation Inc is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pendleton Foundation Inc reported income of $373k and spending of $451k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $373k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pendleton Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include St Josephs House ($373k), High Point Foundation ($373k) and Childrens Outreach Center Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $536k against liabilities of $0, net assets of $536k.