Pongo Poetry Project

Analysis

Pongo Poetry Project is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Pongo Poetry Project reported income of $215k and spending of $255k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $199k to $215k (+8.3%), an average of +4.0% a year. Over the whole period it spent 128% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pongo Poetry Project sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Atlanta Festival Academy Inc ($215k), Putnam County Youth Development Commission Incorporated ($215k) and Tulare County Cattle Drive Beef Boosters Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $161k (63% of expenses). Other salaries and wages came to $14k. At year end it held assets of $93k against liabilities of $18k, net assets of $74k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.