Pivot Inc

Analysis

Pivot Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1973, 53 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 June 2023, Pivot Inc reported income of $5.9m and spending of $5.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.9m (+85%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pivot Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Feeding Children Everywhere Inc ($5.9m), United Childrens Services of Bennington County Inc ($5.9m) and Behavioral Health Solutions of South Texas ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $127k (2.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $12.1m against liabilities of $5.2m, net assets of $6.9m. It reported 119 employees.