Pesi Inc

Analysis

Pesi Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pesi Inc reported income of $86.0m and spending of $71.7m, spending 83% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $81.7m to $86.0m (+5.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pesi Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include El Proyecto Del Barrio Inc ($85.8m), Independent Group Home Living Program Inc ($86.4m) and Hospice of the Bluegrass Inc ($85.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4.1m (5.7% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $146.7m against liabilities of $15.3m, net assets of $131.4m. It reported 208 employees.