People Helping People Inc

Analysis

People Helping People Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, People Helping People Inc reported income of $800k and spending of $571k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $800k (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Helping People Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within UT. Charities of a similar size with the same main cause include Minnesota Coalition for the Homeless Inc ($800k), Summer Street Housing Preservation Inc ($800k) and Panhandle Partnership for Health and Human Services ($800k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). Other salaries and wages came to $237k. At year end it held assets of $2.1m against liabilities of $237k, net assets of $1.8m. It reported 8 employees.