Peoples Express Inc

Analysis

Peoples Express Inc is a registered charity in United States, based in Whitmore Lake, MI. It received its IRS tax-exemption ruling in August 2007, 19 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 September 2023, Peoples Express Inc reported income of $5.6m and spending of $5.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $5.6m (+243%), an average of +36% a year. The sharpest change came in the year to September 2020, when income rose by 58%. 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, Peoples Express Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Independence Inc ($5.6m), Florence Crittenton Services of Colorado ($5.6m) and Patrick Henry Family Services Operations Inc ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $4.7m against liabilities of $934k, net assets of $3.8m. It reported 78 employees.