Pearson Charitable Corp

Analysis

Pearson Charitable Corp is a registered charity in United States, based in York, NE. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, Pearson Charitable Corp reported income of $50k and spending of $48k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $50k (+8.5%), an average of +2.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pearson Charitable Corp sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include First Responders Endowed Kinship of California ($50k), Society of St Vincent Depaul Council of Louisville ($50k) and PTA Kansas Congress of Parents and Teachers ($50k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $402k against liabilities of $31k, net assets of $372k.