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 June 2020, People Inc reported income of $201k and spending of $212k, spending 105% of what it took in. Across the 2 years on record, from December 2019 to June 2020, income grew from $197k to $201k (+2.0%), an average of +2.0% a year. Over the whole period it spent 106% 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 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Childrens Theatre Alumni Wellness Fund ($201k), Feeding Tiny Tummies ($201k) and Madre Latina Organization Inc ($201k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 98% of the total. At year end it held assets of $1.1m against liabilities of $1.7m, net assets of -$588k.