PCHC Atwood Inc

Analysis

PCHC Atwood Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, PCHC Atwood Inc reported income of $964k and spending of $672k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.9m to $964k (-49%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, PCHC Atwood Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within RI. Charities of a similar size with the same main cause include Foundation for Women and Girls with Blood Disorders ($964k), Sail Initiative ($964k) and Martin Center Inc ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $14.9m against liabilities of $12.8m, net assets of $2.2m.