Presbyterian & Reformed Publishing Co

Analysis

Presbyterian & Reformed Publishing Co is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Presbyterian & Reformed Publishing Co reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian & Reformed Publishing Co sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Hope Ignites Chicago ($2.2m), Family Network on Disabilities of Florida Inc ($2.2m) and BBB Wise Giving Alliance ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. Compensation of current officers, directors and key employees was $283k (16% of expenses). Other salaries and wages came to $636k. At year end it held assets of $6.1m against liabilities of $285k, net assets of $5.9m. It reported 18 employees.