Pseads

Analysis

Pseads is a registered charity in United States, based in San Anselmo, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Pseads reported income of $338k and spending of $187k, leaving 45% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $227k to $338k (+49%), an average of +49% a year. The sharpest change came in the year to August 2023, when income rose by 49%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pseads sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Highland Foundation for Educational Excellence Inc ($338k), STEM Santa Fe ($338k) and Florence Bernard-Alta Miller Scholarship Trust Fund ($338k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $75k (40% of expenses). Other salaries and wages came to $34k. At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 2 employees.