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Power of People Leadership Institute

RegisteredEIN 26-1209294Minneapolis, MNPoverty relief
Income$1.7m2023-06
Spending$1.4msame year
Spent / received97%5-year average
Size in its cause82nd pctPoverty relief
Exempt since2008Publicly supported organisat
Employees13latest return

Analysis

Power of People Leadership Institute is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2008, 18 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, Power of People Leadership Institute reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $750k to $1.7m (+131%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power of People Leadership Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Futures Ignite Inc ($1.7m), Katsucon Entertainment Inc ($1.7m) and Adolescent Adjustment Center NFP ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $227k (16% of expenses). Other salaries and wages came to $633k. At year end it held assets of $476k against liabilities of $298k, net assets of $178k. It reported 13 employees.

Income and spending

$0$433k$867k$1.3m$1.7m2019 Income: $749,7922019 Spending: $732,56520192020 Income: $486,4772020 Spending: $661,42720202021 Income: $703,1112021 Spending: $670,74420212022 Income: $944,4042022 Spending: $950,18120222023 Income: $1,733,2302023 Spending: $1,446,9942023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Futures Ignite IncNew York$1.7m
Katsucon Entertainment IncFairfax$1.7m
Adolescent Adjustment Center NFPCenterville$1.7m
Visitation Home IncTrenton$1.7m