Poverty 2 Prosperity Inc

Analysis

Poverty 2 Prosperity Inc is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Poverty 2 Prosperity Inc reported income of $291k and spending of $218k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $291k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Poverty 2 Prosperity Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Tebnine Org ($290k), Refugee Girls Worldwide USA Inc ($291k) and Tumaini Fund USA Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.