Pregnancy Solutions Inc

Analysis

Pregnancy Solutions Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pregnancy Solutions Inc reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $722k to $1.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pregnancy Solutions Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Downtown Daily Bread ($1.3m), Community Integration Services Inc ($1.3m) and Deaf Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $108k (8.8% of expenses). Other salaries and wages came to $591k. At year end it held assets of $1.0m against liabilities of $583k, net assets of $447k. It reported 25 employees.