Perspectability Inc

Analysis

Perspectability Inc is a registered charity in United States, based in Centerton, AR. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Perspectability Inc reported income of $165k and spending of $111k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $165k (-8.1%), an average of -8.1% a year. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Perspectability Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within AR. Charities of a similar size with the same main cause include Altadena Recovery Center ($165k), Cosentino Charity Foundation ($165k) and Milford Lions Club Service Foundation Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $616k against liabilities of $375k, net assets of $241k.