Charity Search / PSALMS INC
Human Services (P750) 990 on File

PSALMS INC

EIN: 62-1106224 · MEMPHIS, TN 38115-3721 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$28.7M
Total Revenue
$28.2M
Total Expenses
$-23,982,632
Net Assets
391
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.7%
Fundraising Efficiency N/A
Operating Reserve -10.19x
Liability-to-Asset 135.9%
Revenue Diversification 86.6%
Executive Compensation $53K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $28.7M $28.2M $-23,982,632 80.7% 391
2023 $26.0M $30.7M $-24,290,219 87.7% 410
2022 $26.3M $30.2M $-19,831,595 78.3% 475
2021 $27.8M $29.9M N/A 480
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Organization Details
EIN
62-1106224
State
TN
City
MEMPHIS
ZIP
38115-3721
Classification
P750
Category
Human Services
Rating
54★
Last Updated
Aug 2026
Form 990
On File
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