Pew Charitable Trusts

Analysis

Pew Charitable Trusts is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Pew Charitable Trusts reported income of $415.2m and spending of $361.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $355.7m to $415.2m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pew Charitable Trusts sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within DC. Charities of a similar size with the same main cause include Raymond James Charitable Endowment Fund ($408.4m), Greater Kansas City Community Foundation ($462.1m) and Apella Health Management Inc ($405.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $4.0m (1.1% of expenses). Other salaries and wages came to $107.4m. At year end it held assets of $1.29bn against liabilities of $358.7m, net assets of $932.5m. It reported 961 employees.