Professional Contract Services Inc

Analysis

Professional Contract Services Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1997, 29 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 June 2023, Professional Contract Services Inc reported income of $166.5m and spending of $159.8m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $143.5m to $166.5m (+16%), an average of +5.1% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Professional Contract Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Farmlink Project ($165.9m), Community Action Partnership of Kern ($169.2m) and Eckerd Youth Alternatives Inc ($164.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.0m (1.9% of expenses). Other salaries and wages came to $72.7m. At year end it held assets of $167.7m against liabilities of $33.3m, net assets of $134.4m. It reported 2,144 employees.