Pledger Charitable Ltd
501(c)(3) Donations tax-deductible
100% goes to programs $0 to raise $100 Thin reserves Growing revenue
Pledger Charitable Ltd is a 501(c)(3) organization based in Brooklyn, New York, registered in 2021, with $119,221,450 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
4403 15th Avenue 403, Brooklyn, NY, 11219 EIN 85-1664070 Since 2021
Revenue (FY2024)
$119.2M
▲ 90.4% vs prior year
Expenses (FY2024)
$118.2M
Net assets
$5.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pledger Charitable Ltd: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pledger Charitable Ltd: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
DGovernance25% of the rating1 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pledger Charitable Ltd: 1 of 6 checks met earns a D on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pledger Charitable Ltd: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Our mission is to create a charitable platform that empowers donors to support the causes they care about most. we provide a tax-advantaged way to give, making it easy and convenient for donors to make a difference.
Contact & location
Financial trends
Revenue grew from $410K (FY2020) to $119.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.4MNet assets $5.9M
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$2.4M
Net assets
$5.9M
Salaries & benefits
$1.1M
1% of expenses
Board members
5
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $119,221,450▲90.4% | $118,204,098▲88.0% | $5,891,429▲20.9% | $8,316,251▲35.1% | 990 |
| 2023 | $62,623,776▲82.0% | $62,869,587▲84.8% | $4,874,077▼5.2% | $6,155,912▼7.6% | 990 |
| 2022 | $34,399,381▲235% | $34,018,983▲485% | $5,140,521▲8.0% | $6,662,221▲38.5% | 990 |
| 2021 | $10,272,745▲2405% | $5,812,628▲2072% | $4,760,123▲3241% | $4,811,763▲3278% | 990 |
| 2020 | $410,025 | $267,569 | $142,456 | $142,456 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Hershy Schweitzer — $36,000 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hershy Schweitzer | Officer | 25 | $36,000 |
| Charles Roth | Trustee | 0 | — |
| Israel Weiss | Trustee | 0 | — |
| Moishe Herman | Trustee | 0 | — |
| Tzvi Wolf | Director | 0 | — |
Grants received · $25.0M total
11 grants to Pledger Charitable Ltd totaling $25.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $16,923,567 |
| Paypal Charitable Giving Fund | — | 2023 | $5,961,479 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,671 |
| The Ojc Fund | General support | 2023 | $30,843 |
| American Online Giving Foundation Inc | General support | 2023 | $18,313 |
| Paypal Charitable Giving Fund | General support | 2022 | $1,760,584 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $67,350 |
| American Online Giving Foundation Inc | General support | 2022 | $11,650 |
| Paypal Charitable Giving Fund | General support | 2021 | $162,625 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $24,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $24,000 |
Grants made · $115.7M in FY2024
1 grant totaling $115.7M in FY2024. All grants made by Pledger Charitable Ltd →
| Recipient | Purpose | Amount |
|---|---|---|
| Various Organizations | — | $115,677,295 |
Frequently asked questions
- Is Pledger Charitable Ltd a legitimate nonprofit?
- Yes. Pledger Charitable Ltd is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-1664070, based in Brooklyn, New York. Donations are tax-deductible.
- What is Pledger Charitable Ltd's EIN?
- Pledger Charitable Ltd's Employer Identification Number (EIN) is 85-1664070.
- How much revenue does Pledger Charitable Ltd report?
- Pledger Charitable Ltd reported $119,221,450 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pledger Charitable Ltd's spending goes to programs?
- Pledger Charitable Ltd spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pledger Charitable Ltd have?
- CharityIndex grades Pledger Charitable Ltd C+, based on program efficiency and fundraising cost.
- How much does Pledger Charitable Ltd's highest-paid employee make?
- The highest reported compensation on Pledger Charitable Ltd's latest Form 990 is $36,000, paid to Hershy Schweitzer (Officer).
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Data for Pledger Charitable Ltd (EIN 85-1664070) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.