People Inc

Analysis

People Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in January 1994, 32 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, People Inc reported income of $216.1m and spending of $214.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $160.4m to $216.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Rising Ground Inc ($215.6m), El Pasoans Fighting Hunger ($219.0m) and Humangood Norcal ($214.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.1m (1.0% of expenses). Other salaries and wages came to $126.5m. At year end it held assets of $75.6m against liabilities of $41.9m, net assets of $33.8m. It reported 5,207 employees.