Poverty 2 Prosperity Inc is a 501(c)(3) organization based in Menlo Park, California, registered in 2009, with $319,276 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$319K
▲ 9.8% vs prior year
International median: $227K
Expenses (FY2024)
$283K
Net assets
$170K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Poverty 2 Prosperity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Poverty 2 Prosperity Inc: 7 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Poverty 2 Prosperity Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Poverty 2 Prosperity Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $129K (FY2022) to $319K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$170K
Total liabilities
$0
Net assets
$170K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $319,276▲9.8% | $283,049▲29.9% | $170,455▲27.0% | $170,455▲27.0% | 990 |
| 2023 | $290,655▲126% | $217,889▲213% | $134,228▲127% | $134,228▲127% | 990 |
| 2022 | $128,755 | $69,632 | $59,123 | $59,123 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Poverty 2 Prosperity Inc totaling $41K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $25,150 |
| Silicon Valley Community Foundation | International development | 2017 | $10,000 |
| Globalgiving Foundation Inc | Funds raised by globalgiving and disbursed to meet donor expectations | 2014 | $5,892 |
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Data for Poverty 2 Prosperity Inc (EIN 26-3542359) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.