People Center Inc

Analysis

People Center Inc is a registered charity in United States, based in Spring Lake, MI. It received its IRS tax-exemption ruling in September 1996, 30 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, People Center Inc reported income of $244k and spending of $176k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $244k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include HBC Champions Foundation Inc ($244k), Lasalle Early Childhood Center Inc ($244k) and East Valley Firefighter Charitiesfoundation Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $54k (31% of expenses). At year end it held assets of $915k against liabilities of $0, net assets of $915k. It reported 1 employees.