Remember the Poor Inc

Analysis

Remember the Poor Inc is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Remember the Poor Inc reported income of $283k and spending of $399k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $283k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Remember the Poor Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Roots & Wings International Ministries ($283k), Survival International USA ($283k) and China Little Flower ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $41k. At year end it held assets of $207k against liabilities of $0, net assets of $207k.