Pearl and Ivy Educational Foundation Inc

Analysis

Pearl and Ivy Educational Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, Pearl and Ivy Educational Foundation Inc reported income of $175k and spending of $225k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $175k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pearl and Ivy Educational Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Hospice of Keokuk County Inc ($175k), Little League Baseball Inc ($175k) and Essex Public Library ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.