Pyramid Inc

Analysis

Pyramid Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in January 1995, 31 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, Pyramid Inc reported income of $8.6m and spending of $8.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $8.6m (+6.6%), an average of +1.6% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pyramid Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Kansas Foundation for Medical Care Inc ($8.6m), Mental Health America of South Central Kansas Inc ($8.6m) and Walpole Area Visiting Nurse Association Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $8.2m against liabilities of $3.3m, net assets of $4.9m. It reported 228 employees.