Professional Development Institute Inc

Analysis

Professional Development Institute Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 August 2023, Professional Development Institute Inc reported income of $175k and spending of $128k, leaving 27% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income fell from $1.6m to $175k (-89%), an average of -52% a year. The sharpest change came in the year to August 2023, when income dropped by 87%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Professional Development Institute Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Friends of Mukai ($175k), Whispers of Hope ($175k) and Crosswalk Ministries USA Inc ($175k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $1.1m against liabilities of $344k, net assets of $741k.