Perco Inc

Analysis

Perco Inc is a registered charity in United States, based in New Lexington, OH. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Perco Inc reported income of $1.1m and spending of $894k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+4.2%), an average of +1.0% a year. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Perco Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Minnesota Hospital and Healthcare Foundation ($1.1m) and RSVP Volunteers ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $108k (12% of expenses). Other salaries and wages came to $437k. At year end it held assets of $2.8m against liabilities of $45k, net assets of $2.7m. It reported 56 employees.