Poppa Inc

Analysis

Poppa Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2001, 25 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, Poppa Inc reported income of $796k and spending of $707k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $634k to $796k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Poppa Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Good Neighbors Club of Del Paso Heights ($796k), Bowen After School Care Program Inc ($796k) and Rebalanced Life Wellness Association Inc ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $194k (27% of expenses). At year end it held assets of $1.8m against liabilities of $53k, net assets of $1.8m. It reported 6 employees.