Porch Initiative

Analysis

Porch Initiative is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in May 2024, 2 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, Porch Initiative reported income of $389k and spending of $174k, leaving 55% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $71k to $389k (+451%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 212%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Porch Initiative sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Zamzam Knowledge Academy Inc ($389k), Social Service Center Inc ($389k) and Kids Soar ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $78k (45% of expenses). At year end it held assets of $476k against liabilities of $726, net assets of $475k. It reported 1 employees.