Polk Burnett Payee Inc

Analysis

Polk Burnett Payee Inc is a registered charity in United States, based in Shell Lake, WI. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Polk Burnett Payee Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $764k to $2.4m (+217%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polk Burnett Payee Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Kent Food Bank and Emergency Services ($2.4m), Carolina Foothills Foundation ($2.4m) and Healing Urban Barrios ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $346k against liabilities of $344k, net assets of $2,415. It reported 2 employees.