Pike County Progress Partners Inc

Analysis

Pike County Progress Partners Inc is a registered charity in United States, based in Petersburg, IN. It received its IRS tax-exemption ruling in April 2013, 13 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, Pike County Progress Partners Inc reported income of $255k and spending of $438k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $255k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income rose by 536%. Over the whole period it spent 23% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pike County Progress Partners Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Revolution Institute ($255k), Kool April Nites Inc ($255k) and Fairfield Building Trades Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.