Pyramid CDC

Analysis

Pyramid CDC is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pyramid CDC reported income of $306k and spending of $324k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $306k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pyramid CDC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include South Coast Development Council ($306k), Launch Terre Haute ($306k) and Kanaka Economic Development Alliance ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $20k. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 5 employees.