Perry Center Inc

Analysis

Perry Center Inc is a registered charity in United States, based in West Fargo, ND. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Perry Center Inc reported income of $1.7m and spending of $1.0m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $1.7m (+242%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Perry Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within ND. Charities of a similar size with the same main cause include Back to Life Incorporated ($1.7m), Alliance of Border Collabratives LLC ($1.7m) and Arcadia Adult Day Care and Day Health Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $78k (7.8% of expenses). Other salaries and wages came to $447k. It paid $7,383 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $850k, net assets of $1.1m. It reported 28 employees.