Pearl Mae Foundation

Analysis

Pearl Mae Foundation is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in December 2016, 10 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, Pearl Mae Foundation reported income of $355k and spending of $333k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $212k to $355k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pearl Mae Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Noras Women of Purpose ($355k), Rva Hospice LLC ($355k) and Mid Shore Community Mediation Center Ltd ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $83k (25% of expenses). At year end it held assets of $133k against liabilities of $72k, net assets of $60k. It reported 1 employees.