PCH Development Corporation

Analysis

PCH Development Corporation is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in August 1989, 37 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, PCH Development Corporation reported income of $811k and spending of $645k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $811k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PCH Development Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Alpha News ($811k), Lupus Foundation of America Greater Ohio Chapter Inc ($811k) and Friends of the Museum North Carolina Maritime Museum Inc ($811k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $359k (56% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $30k, net assets of $1.0m. It reported 10 employees.