Peoples Institute of Northhampton Inc

Analysis

Peoples Institute of Northhampton Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in May 1948, 78 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peoples Institute of Northhampton Inc reported income of $996k and spending of $897k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $889k to $996k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peoples Institute of Northhampton Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Community Food Basket ($996k), Gillespie County Committee on Aging ($997k) and Passaic Clifton Passover Fund Inc ($996k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $648k. At year end it held assets of $1.6m against liabilities of $20k, net assets of $1.6m. It reported 33 employees.