Peter Maurin Center of Akron

Analysis

Peter Maurin Center of Akron is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 2012, 14 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, Peter Maurin Center of Akron reported income of $259k and spending of $173k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $227k to $259k (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peter Maurin Center of Akron sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Fort Lee Assistance and Support Housing Corporation ($259k), Chains Interrupted ($259k) and Harrisons Heroes ($259k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $343k against liabilities of $8,415, net assets of $335k.