Piko

Analysis

Piko is a registered charity in United States, based in Nashua, NH. 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, Piko reported income of $85k and spending of $52k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $85k (+429%), an average of +429% a year. The sharpest change came in the year to December 2023, when income rose by 429%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Piko sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within NH. Charities of a similar size with the same main cause include His Helping Hands Inc ($85k), Womans Club of Rutherford ($85k) and Detroit Community Solutions Incorporated ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $142k against liabilities of $93k, net assets of $49k.