PMC Support Corporation

Analysis

PMC Support Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, PMC Support Corporation reported income of $4.0m and spending of $3.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $4.0m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 38%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PMC Support Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Wellspring Educational Services Inc ($4.0m), Special Education Service Agency a Public Agency ($4.0m) and Alliance Charter Academy ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $69.0m against liabilities of $65.2m, net assets of $3.8m.