PPL Investment Corporation

Analysis

PPL Investment Corporation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, PPL Investment Corporation reported income of $97k and spending of $145, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $97k (-97%), an average of -59% a year. The sharpest change came in the year to December 2020, when income dropped by 97%. Over the whole period it spent 5.5% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PPL Investment Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include McTaggert Court Inc ($97k), Dignity in Asylum Inc ($97k) and Harvest Homes Corporation ($97k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.1m against liabilities of $3,248, net assets of $5.1m.