Pediplace

Analysis

Pediplace is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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, Pediplace reported income of $4.2m and spending of $4.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.2m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pediplace sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Lighthouse of Broward County Inc ($4.2m), Safe Place of the Permian Basin ($4.2m) and Montessori Association of Covina ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $270k (6.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.7m against liabilities of $345k, net assets of $4.3m. It reported 42 employees.