Paul Phillippe Resource Center Inc

Analysis

Paul Phillippe Resource Center Inc is a registered charity in United States, based in Frankfort, IN. It received its IRS tax-exemption ruling in August 1990, 36 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, Paul Phillippe Resource Center Inc reported income of $962k and spending of $982k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $962k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paul Phillippe Resource Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Loaves and Fishes ($962k), Charlotte Day Care Center Inc ($962k) and Jewish Family Service of Northeastern Pennsylvania ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $145k (15% of expenses). Other salaries and wages came to $362k. At year end it held assets of $1.2m against liabilities of $50k, net assets of $1.2m. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.