Pico Union Collective

Analysis

Pico Union Collective is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pico Union Collective reported income of $4.9m and spending of $5.6m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.9m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pico Union Collective sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Juniper Ridge Community School ($4.9m), Manzanita School and Institute ($4.9m) and Montessori de Terra Linda ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $77.8m against liabilities of $82.6m, net assets of -$4.8m.