Pyc Satori Foundation Inc

Analysis

Pyc Satori Foundation Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Pyc Satori Foundation Inc reported income of $364k and spending of $239k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $14k to $364k (+2445%), an average of +125% a year. The sharpest change came in the year to December 2020, when income rose by 535%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pyc Satori Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Hindu Heritage Summer Camp ($363k), Missouri Ffa Foundation ($366k) and Iconoclast Artists ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 8.9% of the total. At year end it held assets of $964k against liabilities of $0, net assets of $964k.