Our Piece of the Pie Inc

Analysis

Our Piece of the Pie Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in January 1982, 44 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 June 2024, Our Piece of the Pie Inc reported income of $10.2m and spending of $9.6m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.7m to $10.2m (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Piece of the Pie Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include The Ohio Masonic Home ($10.2m), Rural Resources Community Action ($10.2m) and Young Womens Christian Association ($10.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $560k (5.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $5.2m against liabilities of $3.6m, net assets of $1.7m. It reported 642 employees.