Pickens Community Action and Development Corporation Inc

Analysis

Pickens Community Action and Development Corporation Inc is a registered charity in United States, based in Carrollton, AL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Pickens Community Action and Development Corporation Inc reported income of $5.1m and spending of $5.0m, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.9m to $5.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to May 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pickens Community Action and Development Corporation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Give Every Child a Chance ($5.1m), Independent Order of Odd Fellows ($5.1m) and Childrens Choice Child Care Service Inc ($5.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.5m against liabilities of $678k, net assets of $778k. It reported 64 employees.