Peoples Equal Action and Community Effort Inc

Analysis

Peoples Equal Action and Community Effort Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in December 1971, 55 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 January 2024, Peoples Equal Action and Community Effort Inc reported income of $25.9m and spending of $25.6m, spending 99% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $23.5m to $25.9m (+10%), an average of +2.5% a year. 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, Peoples Equal Action and Community Effort Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Family Service Association ($25.9m), Apostolic Christian Lifepoints Inc ($25.9m) and Youthbridge Community Foundation ($25.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $344k (1.3% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $10.3m against liabilities of $4.2m, net assets of $6.1m. It reported 434 employees.