Help Peru Inc

Analysis

Help Peru Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, Help Peru Inc reported income of $432k and spending of $467k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $432k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help Peru Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Food Exploration and Discovery ($432k), Physicians Care Clinic Inc ($432k) and Independence Unlimited Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $96k (21% of expenses). Other salaries and wages came to $21k. At year end it held assets of $741k against liabilities of $410k, net assets of $331k. It reported 2 employees.