P5 Strategies

Analysis

P5 Strategies is a registered charity in United States, based in St Charles, IL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. 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 June 2023, P5 Strategies reported income of $3.6m and spending of $1.3m, leaving 64% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.2m to $3.6m (+216%), an average of +216% a year. The sharpest change came in the year to June 2023, when income rose by 216%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P5 Strategies sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Bridge to Hope Woc Inc ($3.6m), Habitat for Humanity International Inc ($3.6m) and Sierra Nevada Academy Charter School ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $3.3m against liabilities of $253k, net assets of $3.0m.