Peoples Fund

Analysis

Peoples Fund is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in December 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 2023, Peoples Fund reported income of $1.4m and spending of $857k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $190k to $1.4m (+609%), an average of +63% a year. The sharpest change came in the year to June 2020, when income rose by 243%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peoples Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within HI. Charities of a similar size with the same main cause include Montgomery County Chamber Foundation Inc ($1.4m), Foodchain ($1.4m) and Harrison County Senior Citizens Center Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (9.2% of expenses). Other salaries and wages came to $81k. At year end it held assets of $3.4m against liabilities of $12k, net assets of $3.4m. It reported 5 employees.