Preterm Birth International Collaborative Inc

Analysis

Preterm Birth International Collaborative Inc is a registered charity in United States, based in South Burlington, VT. It received its IRS tax-exemption ruling in October 2020, 6 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, Preterm Birth International Collaborative Inc reported income of $92k and spending of $80k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $92k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preterm Birth International Collaborative Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 26th percentile within VT. Charities of a similar size with the same main cause include Humane Society of Livingston County Inc ($92k), Kiwanis Club of Longboat Key Foundation Inc ($92k) and Jon & Jacqueline Hodges Charitable Organization ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.