Pepup Tech Inc

Analysis

Pepup Tech Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2022, Pepup Tech Inc reported income of $575k and spending of $637k, spending 111% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $284k to $575k (+103%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 113% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pepup Tech Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include High Sky Childrens Ranch Endowment Inc ($574k), Camp Luther of Nebraska Inc ($576k) and Kalida Baseball Association ($574k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $144k (23% of expenses). Other salaries and wages came to $137k. At year end it held assets of $10k against liabilities of $151k, net assets of -$141k.