Popeyes Foundation Inc

Analysis

Popeyes Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Popeyes Foundation Inc reported income of $1.5m and spending of $910k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $1.5m (+223%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 169%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Popeyes Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Boston Higher Education Resource Center ($1.5m), Commission on English Language Program Accreditation ($1.5m) and Council of Administrators of Special Education Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $227k (25% of expenses). Other salaries and wages came to $90k. At year end it held assets of $2.7m against liabilities of $168k, net assets of $2.5m.