Pregnancy Resource Center

Analysis

Pregnancy Resource Center is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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 March 2024, Pregnancy Resource Center reported income of $3.0m and spending of $3.4m, spending 112% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.0m to $3.0m (+51%), an average of +8.6% a year. The sharpest change came in the year to March 2021, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pregnancy Resource Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Simba Housing Inc ($3.0m), North Country Education Services Agency ($3.0m) and Homeless Leadership Alliance of Pinellas Inc ($3.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $155k (4.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.8m against liabilities of $543k, net assets of $3.3m. It reported 60 employees.