Portable Practical Educational Preparation Inc

Analysis

Portable Practical Educational Preparation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 1973, 53 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, Portable Practical Educational Preparation Inc reported income of $96.1m and spending of $93.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $62.5m to $96.1m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 43%. 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, Portable Practical Educational Preparation Inc sits at the 100th 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 AZ. Charities of a similar size with the same main cause include Lifeworks Services Inc ($95.8m), Monarch ($96.1m) and MJHS Hospice and Palliative Care Inc ($95.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $751k (0.8% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $33.7m against liabilities of $11.8m, net assets of $21.9m. It reported 533 employees.