Pickersgill Inc

Analysis

Pickersgill Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in December 1937, 89 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pickersgill Inc reported income of $20.0m and spending of $17.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $20.6m to $20.0m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pickersgill Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Employment Source Inc ($20.0m), Catholic Community Services of the Mid Willamette Valley & Central ($20.0m) and Northwest Louisiana Food Bank ($19.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $314k (1.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $128.9m against liabilities of $19.1m, net assets of $109.9m. It reported 186 employees.