The Records People for People Fund Inc

Analysis

The Records People for People Fund Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in June 1987, 39 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, The Records People for People Fund Inc reported income of $107k and spending of $126k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $107k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Records People for People Fund Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Step It Up Inc ($107k), Hannahs Hands International Inc ($107k) and Soundstrong ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $336k against liabilities of $0, net assets of $336k.