Pregnancy Support Center of the Tri-Cities Inc

Analysis

Pregnancy Support Center of the Tri-Cities Inc is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pregnancy Support Center of the Tri-Cities Inc reported income of $112k and spending of $147k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $112k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pregnancy Support Center of the Tri-Cities Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Alana Dung Research Foundation ($112k), LCHC Qalicb Inc ($112k) and New Strides Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (37% of expenses). Other salaries and wages came to $7,859. At year end it held assets of $55k against liabilities of $4,186, net assets of $51k. It reported 3 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.