Power Inside Inc

Analysis

Power Inside Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2020, 6 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 2022, Power Inside Inc reported income of $444k and spending of $237k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $424k to $444k (+4.8%), an average of +2.4% a year. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power Inside Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include National Foundation for Specialneeds Integrity Inc ($444k), Pregnancy Solutions & Services Inc ($444k) and Kings Counseling Center ($444k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (30% of expenses). Other salaries and wages came to $80k. At year end it held assets of $827k against liabilities of $4,963, net assets of $822k. It reported 8 employees.