Peopleplace

Analysis

Peopleplace is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Peopleplace reported income of $302k and spending of $342k, spending 113% of what it took in. Across the 6 years on record, from December 2019 to December 2024, income fell from $333k to $302k (-9.3%), an average of -1.9% a year. The sharpest change came in the year to December 2024, when income dropped by 42%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peopleplace 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 62nd percentile, and in the 56th percentile within ME. Charities of a similar size with the same main cause include American Association of Orthopaedic Medicine ($302k), Cambio Labs Co ($302k) and Winners Inc ($302k).

On its Form 990 for the period ending December 2024, revenue came from contributions and grants 17% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $33k (9.8% of expenses). Other salaries and wages came to $185k. At year end it held assets of $530k against liabilities of $0, net assets of $530k. It reported 20 employees.