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Special People in Northeast Inc Spin Center

RegisteredEIN 23-1742920Philadelphia, PAPoverty relief
Income$79.5m2024-06
Spending$79.7msame year
Spent / received99%6-year average
Size in its cause99th pctPoverty relief
Exempt since1972Publicly supported organisat
Employees1,274latest return

Analysis

Special People in Northeast Inc Spin Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1972, 54 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 2024, Special People in Northeast Inc Spin Center reported income of $79.5m and spending of $79.7m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $75.2m to $79.5m (+5.7%), an average of +1.1% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special People in Northeast Inc Spin Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Family Initiative Inc ($79.4m), Givens Estates Inc ($80.0m) and YMCA of Metropolitan Dallas ($79.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.3m (2.9% of expenses). Other salaries and wages came to $48.2m. At year end it held assets of $39.6m against liabilities of $14.7m, net assets of $24.9m. It reported 1,274 employees.

Income and spending

$0$20.4m$40.8m$61.2m$81.7m2019 Income: $75,159,0192019 Spending: $74,526,12120192020 Income: $77,301,3522020 Spending: $76,979,01220202021 Income: $78,339,9202021 Spending: $73,673,43220212022 Income: $79,124,3932022 Spending: $78,403,67620222023 Income: $81,654,6792023 Spending: $81,148,15320232024 Income: $79,468,0012024 Spending: $79,720,7392024
IncomeSpending

Where the income comes from

  • Contributions & grants 1.2%
  • Program services 97%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Family Initiative IncEmporia$79.4m
Givens Estates IncAsheville$80.0m
YMCA of Metropolitan DallasCoppell$79.0m
Lutheran Homes of South Carolina IncIrmo$80.2m