The Pearl House Inc

Analysis

The Pearl House Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, The Pearl House Inc reported income of $1.6m and spending of $1.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $1.6m (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Pearl House Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Y2y Network ($1.6m), Dreamchasers ($1.6m) and Sharks Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $136k (8.2% of expenses). Other salaries and wages came to $156k. At year end it held assets of $827k against liabilities of $11k, net assets of $816k. It reported 7 employees.