Psa Building Company

Analysis

Psa Building Company is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Psa Building Company reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.5m (-6.9%), an average of -1.8% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Psa Building Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Scarborough Public Library ($1.5m), Catch Up & Read Inc ($1.5m) and Poughkeepsie Day School Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $14.2m against liabilities of $14.6m, net assets of -$427k.