Pysc Inc

Analysis

Pysc Inc is a registered charity in United States, based in Howell, NJ. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pysc Inc reported income of $122k and spending of $92k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $122k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 658%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pysc Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Cheers Inc ($122k), Wakefield Little League Association Inc ($122k) and River Sirens Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.