People Program Inc

Analysis

People Program Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, People Program Inc reported income of $240k and spending of $295k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $418k to $240k (-42%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 116%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Program Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Florida Guardian Ad Litem Foundation Inc ($240k), American Junior Brahman Breeders Association ($240k) and Association of Nigerian Women Entrepreneurs & Professionals ($240k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $74k (25% of expenses). Other salaries and wages came to $77k. At year end it held assets of $720k against liabilities of $230k, net assets of $490k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.