Pybus Market Charitable Foundation

Analysis

Pybus Market Charitable Foundation is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pybus Market Charitable Foundation reported income of $1.0m and spending of $524k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $1.0m (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 325%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pybus Market Charitable Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Labors Community Service Agency ($1.0m), Rhode Island Food Policy Council ($1.0m) and Communities in Cooperation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $26k (4.9% of expenses). Other salaries and wages came to $78k. At year end it held assets of $5.6m against liabilities of $12k, net assets of $5.5m.