Ppym Inc

Analysis

Ppym Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ppym Inc reported income of $125k and spending of $190k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $114k to $125k (+9.9%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ppym Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Food for Fairview Incorporated ($125k), Ashrei Foundation ($125k) and Indianapolis Stars Diving Club Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $0 against liabilities of $65k, net assets of -$65k.