Petrus Fund of Yonkers Inc

Analysis

Petrus Fund of Yonkers Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in November 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, Petrus Fund of Yonkers Inc reported income of $73k and spending of $32k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $73k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Petrus Fund of Yonkers Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Ya at Eeh Keshmish Inc ($73k), Fearfully and Wonderfully Made Inc ($73k) and Resilient Souls ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.