People for People Incorporated

Analysis

People for People Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1992, 34 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 2023, People for People Incorporated reported income of $3.8m and spending of $3.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $3.8m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People for People Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Otsar Family Services Inc ($3.8m), Gaston Residential Services Icf Mr Inc ($3.8m) and Servicesource Foundation Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $180k (5.7% of expenses). Other salaries and wages came to $999k. At year end it held assets of $2.6m against liabilities of $279k, net assets of $2.3m. It reported 29 employees.