Peoplestown Revitalization Corporation

Analysis

Peoplestown Revitalization Corporation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Peoplestown Revitalization Corporation reported income of $290k and spending of $33k, leaving 89% of income unspent that year. Across the 4 years on record, from December 2018 to December 2023, income grew from $284k to $290k (+2.2%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 485%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peoplestown Revitalization Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Nebraska Grazing Land Coalition ($290k), Downtown Hazleton Alliance for Progress Inc ($290k) and Vision Carthage ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.5m against liabilities of $795k, net assets of $686k.