PCC Stride Inc

Analysis

PCC Stride Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, PCC Stride Inc reported income of $750k and spending of $864k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $946k to $750k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, PCC Stride Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Town Center Inc ($750k), Hartford Area Development Foundation ($750k) and Trinity Faith Community Development Corporation ($750k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $351k. At year end it held assets of $241k against liabilities of $159k, net assets of $81k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.