Peoples Foundation for Better Opportunities

Analysis

Peoples Foundation for Better Opportunities is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peoples Foundation for Better Opportunities reported income of $54k and spending of $12k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $54k (+239%), an average of +239% a year. The sharpest change came in the year to December 2023, when income rose by 239%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peoples Foundation for Better Opportunities sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include Mildred Mindell Foundation Inc ($54k), United Fund of South Milam County ($54k) and Friends of the Norton Senior Center Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.