Poiema Foundation

Analysis

Poiema Foundation is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Poiema Foundation reported income of $626k and spending of $594k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $626k (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Poiema Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Spring of Water International Ministries ($626k), The Servants Promise a NJ Nonprofit Corporation ($626k) and Amazing Grace Mission-Fair Fellowship-Mail Box Club ($626k).

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 $428k. At year end it held assets of $1.3m against liabilities of $21k, net assets of $1.2m. It reported 11 employees.