PBD Project

Analysis

PBD Project is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, PBD Project reported income of $58k and spending of $219k, spending 379% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $58k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 166% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, PBD Project sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within MD. Charities of a similar size with the same main cause include Northeast Lyme and Associated Diseases Resource Foundation Inc ($58k), Everythingforsight Org ($58k) and Rapha Ministries ($58k).

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 $88k against liabilities of $0, net assets of $88k.