Political Economy Research Center Inc
Analysis
Political Economy Research Center Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Political Economy Research Center Inc reported income of $5.9m and spending of $3.5m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $5.9m (+100%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 76% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Political Economy Research Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Memphis Goodwill Industries Inc ($5.9m), New Horizons Corp ($5.9m) and United Way of Midland County ($5.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $377k (11% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $10.0m against liabilities of $247k, net assets of $9.7m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Memphis Goodwill Industries Inc | Memphis | $5.9m |
| New Horizons Corp | Nashville | $5.9m |
| United Way of Midland County | Midland | $5.9m |
| Hobart Ames Foundation | Boston | $5.9m |