PWT United Inc

Analysis

PWT United Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, PWT United Inc reported income of $1.5m and spending of $868k, leaving 41% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $270k to $1.5m (+445%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 737%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PWT United Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include The Jcpenney Foundation ($1.5m), Cereals & Grains Association ($1.5m) and Life on Belay Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $76k (8.8% of expenses). Other salaries and wages came to $198k. At year end it held assets of $737k against liabilities of $145k, net assets of $591k. It reported 8 employees.