Perception Institute Inc

Analysis

Perception Institute Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Perception Institute Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $2.3m (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 81% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Perception Institute Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Palm Beach County Sheriffs Foundation ($2.3m), Legal Aid Society ($2.3m) and Maryland Coalition Against Sexual Assault Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $345k (15% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.0m against liabilities of $320k, net assets of $727k. It reported 11 employees.