Pids Foundation

Analysis

Pids Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 2008, 18 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, Pids Foundation reported income of $798k and spending of $1.1m, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $504k to $798k (+58%), an average of +9.6% a year. The sharpest change came in the year to December 2019, when income rose by 124%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pids Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Pitney Meadows Community Farm Inc ($798k), Association on American Indian Affairs Inc ($798k) and Northwest Lansing Healthy Communities Initiative ($798k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 6.9% of the total. At year end it held assets of $2.9m against liabilities of $672k, net assets of $2.2m.