People Do Care Inc

Analysis

People Do Care Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in August 2014, 12 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 Do Care Inc reported income of $69k and spending of $77k, spending 112% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $92k to $69k (-25%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Do Care Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include LT Col Todd J Clark Memorial Golf Tournament ($69k), World Ark Mission Inc ($69k) and Creative Housing I Bretton Woods Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $10k in professional fundraising fees. At year end it held assets of $89k against liabilities of $146k, net assets of -$57k.