Perception Funding Inc

Analysis

Perception Funding Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Perception Funding Inc reported income of $3.8m and spending of $3.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.8m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Perception Funding Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Connect Ministries Inc ($3.8m), Buddhist Churches of America-Endow ($3.8m) and Tejas Ministries Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $113k (2.9% of expenses). Other salaries and wages came to $149k. At year end it held assets of $600k against liabilities of $0, net assets of $600k. It reported 5 employees.