PBS Impact Foundation Inc

Analysis

PBS Impact Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2021, 5 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, PBS Impact Foundation Inc reported income of $360k and spending of $290k, spending 80% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $312k to $360k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PBS Impact Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include B U L L Session Charity Golf Tournament ($360k), Francis Xavier Plaza Inc ($360k) and Venture Foundation Ltd ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $5,000 in professional fundraising fees. At year end it held assets of $886k against liabilities of $0, net assets of $886k.