Pssae

Analysis

Pssae is a registered charity in United States, based in Swartz Creek, MI. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pssae reported income of $260k and spending of $238k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $260k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pssae sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include International Theological Institute for Studies on Marriage & the Fami ($259k), Capo Girls Fast Pitch Softball Corp ($260k) and Hays Cisd Education Foundation Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.