The People Concern

Analysis

The People Concern is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The People Concern reported income of $83.3m and spending of $87.3m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.6m to $83.3m (+87%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The People Concern sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Miami Jewish Health Systems Inc ($83.3m), National Urban League Inc ($83.4m) and Talbert House ($83.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $651k (0.7% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $117.1m against liabilities of $75.9m, net assets of $41.2m. It reported 1,003 employees.