Pivot CMX

Analysis

Pivot CMX is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in April 2022, 4 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, Pivot CMX reported income of $258k and spending of $244k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $258k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pivot CMX sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Swedetown Trails Club ($258k), Oak Grove Senior Center Inc ($258k) and Mt Carmel High School Music Foundation ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $174k (71% of expenses). At year end it held assets of $30k against liabilities of $0, net assets of $30k. It reported 2 employees.