Supports Inc

Analysis

Supports Inc is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in March 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, Supports Inc reported income of $7.3m and spending of $6.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $7.3m (+68%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Supports Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Action for Eastern Montana Inc ($7.3m), Turning Pointe Autism Foundation ($7.3m) and Metro Meals on Wheels Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $413k (6.6% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $8.0m against liabilities of $859k, net assets of $7.1m. It reported 110 employees.