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Pearl Foundation Inc

RegisteredEIN 31-1591747Columbia, MDEducation and training
Income$114k2023-12
Spending$45ksame year
Spent / received67%2-year average
Size in its cause43rd pctEducation and training
Exempt since1998Publicly supported organisat
Employees–latest return

Analysis

Pearl Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pearl Foundation Inc reported income of $114k and spending of $45k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $114k (+7.7%), an average of +7.7% a year. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pearl Foundation Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Benjamin Franklin School Parent-Teacher Organization Inc ($114k), Camas Booster Club ($114k) and Norwood Masonic Temple Foundation Incorporated ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $169k against liabilities of $26k, net assets of $142k.

Income and spending

$0$29k$57k$86k$114k2022 Income: $106,0152022 Spending: $102,64220222023 Income: $114,1402023 Spending: $44,8862023
IncomeSpending

Where the income comes from

  • Contributions & grants 56%
  • Other 44%

Similar-sized charities, same cause

CharityLocationIncome
Benjamin Franklin School Parent-Teacher Organization IncWestfield$114k
Camas Booster ClubCamas$114k
Norwood Masonic Temple Foundation IncorporatedNorwood$114k
Why-Not-Me FoundationPlano$114k