Pednet Coalition Inc

Analysis

Pednet Coalition Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pednet Coalition Inc reported income of $995k and spending of $912k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $995k (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pednet Coalition Inc 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 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Mohawk Valley Economic Development District Inc ($995k), Project You Inc ($996k) and Invest Up ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $82k (9.0% of expenses). Other salaries and wages came to $340k. At year end it held assets of $986k against liabilities of $307k, net assets of $679k. It reported 9 employees.