Penta Nascent Corp

Analysis

Penta Nascent Corp is a registered charity in United States, based in Centralia, IL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Penta Nascent Corp reported income of $3.7m and spending of $3.5m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $3.7m (+17%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Penta Nascent Corp sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Home Away From Home Inc ($3.7m), Addiction Medicine and Health Advocates Incorporated ($3.7m) and Childs Play ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.1% and program service revenue 91% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $3.7m against liabilities of $143k, net assets of $3.6m. It reported 141 employees.