Pidc Community Capital

Analysis

Pidc Community Capital is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pidc Community Capital reported income of $7.7m and spending of $1.8m, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $7.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 152%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pidc Community Capital sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Skyline Center Inc ($7.7m), Point Programs Inc ($7.7m) and Unite-La Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 34% of the total. At year end it held assets of $70.3m against liabilities of $31.0m, net assets of $39.3m.