Peoples Inclusive Welding

Analysis

Peoples Inclusive Welding is a registered charity in United States, based in S Portland, ME. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peoples Inclusive Welding reported income of $126k and spending of $116k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $83k to $126k (+52%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peoples Inclusive Welding sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 36th percentile within ME. Charities of a similar size with the same main cause include Southern Sleep Society ($126k), Alexander Hamilton High School Alumni Association ($126k) and Experimental Science Now ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 63% of the total. At year end it held assets of $49k against liabilities of $11k, net assets of $38k.