Person to Person Inc

Analysis

Person to Person Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Person to Person Inc reported income of $15.9m and spending of $16.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $13.7m to $15.9m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Person to Person Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Community Trust of Utah ($15.9m), Community Foundation of Greater Dubuque ($16.0m) and Harrison County Community Foundation Support Organ Inc ($15.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $400k (2.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $7.7m against liabilities of $499k, net assets of $7.2m. It reported 43 employees.