People Working Cooperatively of the Midwest Inc
Analysis
People Working Cooperatively of the Midwest Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, People Working Cooperatively of the Midwest Inc reported income of $3.2m and spending of $3.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.2m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Working Cooperatively of the Midwest Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Step by Step Inc ($3.2m), Childhaven Inc ($3.2m) and Caring Hearts of West Central Iowa ($3.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Step by Step Inc | Charleston | $3.2m |
| Childhaven Inc | Farmington | $3.2m |
| Caring Hearts of West Central Iowa | Carroll | $3.2m |
| St Martin Center | Erie | $3.2m |