Peer Empowerment Network a Nonprofit Corporation

Analysis

Peer Empowerment Network a Nonprofit Corporation is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in January 2011, 15 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 2024, Peer Empowerment Network a Nonprofit Corporation reported income of $487k and spending of $496k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $428k to $487k (+14%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 50%. 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, Peer Empowerment Network a Nonprofit Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Miracle Babies ($487k), Ashe Developmental Day School Inc ($487k) and 805 Undocufund ($487k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $47k (9.5% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.2m against liabilities of $543k, net assets of $617k. It reported 5 employees.