Independent Peer Socialization Training Program

Analysis

Independent Peer Socialization Training Program is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in October 2004, 22 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, Independent Peer Socialization Training Program reported income of $418k and spending of $252k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $365k to $418k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Peer Socialization Training Program sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Friends of Barefoot College International Inc ($418k), Mothers in Arms ($418k) and Integrated Renewal ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $96k (38% of expenses). Other salaries and wages came to $98k. At year end it held assets of $820k against liabilities of $0, net assets of $820k. It reported 15 employees.