PSC

Analysis

PSC is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1957, 69 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, PSC reported income of $2.3m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.3m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 146%. 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, PSC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Products That Count ($2.3m), Housing Opportunities & Maintenance for the Elderly Inc ($2.3m) and Central Harlem Senior Citizens Centers Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $157k (7.0% of expenses). Other salaries and wages came to $959k. At year end it held assets of $1.3m against liabilities of $358k, net assets of $980k. It reported 53 employees.