Pop Inc

Analysis

Pop Inc is a registered charity in United States, based in Essex, MD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pop Inc reported income of $166k and spending of $193k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $305k to $166k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pop Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Crocker Riverside Elementary PTO ($166k), Rev John P Smyth Standing Tall Charitable Foundation ($166k) and South Carolina State University National Alumni Association ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,143 against liabilities of $0, net assets of $4,143.

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.