Pleasant Grove Foundation Inc

Analysis

Pleasant Grove Foundation Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Pleasant Grove Foundation Inc reported income of $75k and spending of $78k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $75k (-13%), an average of -14% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pleasant Grove Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Perry County Council on Aging Inc ($75k), Love County Senior Program ($75k) and Abc Thrift Shop Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $99k against liabilities of $900, net assets of $98k.