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Peoples Courage International Inc

RegisteredEIN 85-1604311Washington, DCPoverty relief
Income$28.6m2023-12
Spending$3.6msame year
Spent / received17%3-year average
Size in its cause98th pctPoverty relief
Exempt since2020Publicly supported organisat
Employees0latest return

Analysis

Peoples Courage International Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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, Peoples Courage International Inc reported income of $28.6m and spending of $3.6m, leaving 88% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $4.1m to $28.6m (+596%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peoples Courage International Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include Centers for Youth and Families Inc ($28.6m), Partners in Care Inc ($28.6m) and St Camillus Health Center Inc ($28.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (4.2% of expenses). Other salaries and wages came to $6,666. At year end it held assets of $31.3m against liabilities of $12k, net assets of $31.3m.

Income and spending

$0$7.2m$14.3m$21.5m$28.6m2021 Income: $4,116,7372021 Spending: $407,30620212022 Income: $4,824,4212022 Spending: $2,474,51620222023 Income: $28,642,3472023 Spending: $3,565,2382023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Centers for Youth and Families IncLittle Rock$28.6m
Partners in Care IncBend$28.6m
St Camillus Health Center IncWauwatosa$28.6m
Heart of Compassion DistributionMontebello$28.6m