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 $23.7m and spending of $25.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.4m to $23.7m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 16%. 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 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Metropolitan Area Agency on Aging Inc ($23.7m), Community Health Ctr of Central Missouri ($23.7m) and Economic Opportunities Advancement Corporation of Planning Region XI ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 87% of the total. Other salaries and wages came to $9.8m. At year end it held assets of $84.6m against liabilities of $14.0m, net assets of $70.6m. It reported 441 employees.