PC Charitable Foundation

Analysis

PC Charitable Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, PC Charitable Foundation reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $5.1m to $3.0m (-40%), an average of -9.8% a year. The sharpest change came in the year to December 2019, when income dropped by 48%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PC Charitable Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include New Jersey Institute for Social Justice Inc ($3.0m), Jewish Collaborative Services ($3.0m) and Lighthouse Inc ($3.0m).

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 $1.5m against liabilities of $0, net assets of $1.5m.