Public-Private Development Corporation PPDC

Analysis

Public-Private Development Corporation PPDC is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Public-Private Development Corporation PPDC reported income of $350k and spending of $323k, spending 92% of its income. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Public-Private Development Corporation PPDC sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Mark Terk Charitable Foundation ($350k), Neighborhood Preservation Coalition of New York State Inc ($351k) and Danville-Boyle County Economic Develpment Partnership Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.