Pic International Inc

Analysis

Pic International Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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, Pic International Inc reported income of $274k and spending of $263k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $360k to $274k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pic International Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include American College of Physicians ($274k), Anchor Point Senior Citizens Inc ($274k) and Musaadah Charity ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $25k (9.6% of expenses). Other salaries and wages came to $148k. At year end it held assets of $228k against liabilities of $0, net assets of $228k. It reported 4 employees.