Per Niente Inc

Analysis

Per Niente Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Per Niente Inc reported income of $107k and spending of $69k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $107k (+6.4%), an average of +6.4% a year. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Per Niente Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Rising Hope Farms Inc ($107k), Vac Volunteer Aging Council Inc ($107k) and Hannahs Hands International Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.