Peopleinspired Giving Foundation Inc

Analysis

Peopleinspired Giving Foundation Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in July 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 2023, Peopleinspired Giving Foundation Inc reported income of $61k and spending of $138k, spending 228% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $500k to $61k (-88%), an average of -50% a year. The sharpest change came in the year to December 2021, when income dropped by 88%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peopleinspired Giving Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Foundation of Hope Ministries Inc ($61k), Libertyville Township Gift Fund Inc ($61k) and Daily News Cheer Fund Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.