PK Charities Inc

Analysis

PK Charities Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2022, PK Charities Inc reported income of $85k and spending of $42k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $51k to $85k (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 100649%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PK Charities Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Tricity Meals on Wheels Inc ($85k), Rio Grande Valley Celtic Festival Association ($85k) and Appalachian Mountain Leadership ($85k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.