Pbla Inc

Analysis

Pbla Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Pbla Inc reported income of $4.5m and spending of $4.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.5m (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pbla Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Boys and Girls Club of North Central Florida Inc ($4.5m), YWCA Gla Urban Campus Development Corporation ($4.5m) and Boys & Girls Club of Coachella Valley ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $2.4m. It paid $917 in professional fundraising fees. At year end it held assets of $916k against liabilities of $503k, net assets of $413k. It reported 98 employees.