Pearl Griffin Memorial Latch Key Program

Analysis

Pearl Griffin Memorial Latch Key Program is a registered charity in United States, based in Brownwood, TX. It received its IRS tax-exemption ruling in October 1987, 39 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 July 2024, Pearl Griffin Memorial Latch Key Program reported income of $149k and spending of $135k, spending 91% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $178k to $149k (-16%), an average of -16% a year. The sharpest change came in the year to July 2024, when income dropped by 16%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pearl Griffin Memorial Latch Key Program sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Audubon Peer to Peer Aid Inc ($149k), Homes for the Exceptional Company Inc ($149k) and Zarephath Preventative Services ($149k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $918, net assets of $220k.