Practical Compassion Inc

Analysis

Practical Compassion Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in May 2006, 20 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, Practical Compassion Inc reported income of $81k and spending of $92k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $122k to $81k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. 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, Practical Compassion Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Foundation to Fight H-Abc ($81k), New Albany Womens Network ($81k) and Fundacion Banco de Ojos Del Leonismo Puertorriqueno ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.