People Reaching Out to Other People Inc Prop

Analysis

People Reaching Out to Other People Inc Prop is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, People Reaching Out to Other People Inc Prop reported income of $3.1m and spending of $3.2m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.2m to $3.1m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Reaching Out to Other People Inc Prop sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Childrens Bureau of New Orleans ($3.1m), Training and Education Fund ($3.1m) and Boys & Girls Club of Newburgh Inc ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $730k. At year end it held assets of $3.1m against liabilities of $53k, net assets of $3.0m. It reported 17 employees.