People Responding in Social Ministry

Analysis

People Responding in Social Ministry is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in September 1993, 33 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 September 2023, People Responding in Social Ministry reported income of $4.4m and spending of $4.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $4.4m (+47%), an average of +10% a year. The sharpest change came in the year to September 2020, when income rose by 60%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Responding in Social Ministry sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Myaswan Inc ($4.4m), Manchester Early Learning Center Inc ($4.4m) and Throckmorton ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $138k (3.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $726k, net assets of $1.1m. It reported 28 employees.