Pves Foundation

Analysis

Pves Foundation is a registered charity in United States, based in Pottsboro, TX. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Pves Foundation reported income of $643k and spending of $624k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $643k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 73% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Pves Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Bellville Volunteer Fire Department ($643k), Fire Family Transport Foundation Ltd ($643k) and Upper Saucon Volunteer Fire Dept No 1 ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 35% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.