Pump Systems Matter Inc

Analysis

Pump Systems Matter Inc is a registered charity in United States, based in Parsipanny, NJ. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Pump Systems Matter Inc reported income of $622k and spending of $678k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $622k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 115% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Pump Systems Matter Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Healthy Environment Alliance of Utah ($621k), Shafer & Freeman Lakes Environmental Conservation ($622k) and Pa Cleanways of Allegheny County Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $374k. At year end it held assets of $613k against liabilities of $549k, net assets of $63k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.