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Poverty Solutions Inc
Community Development · Torrance, California
370 Amapola Ave Ste 200A, Torrance, CA 90501-7239
EIN: 271916296· Founded: Jul 2010· 16 years active· Filing Year: 2023
Annual Revenue
$3.8M
Total Expenses
$628K
Total Assets
$10.8M
Program Spending
48%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$127K
20.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$127K
20% of total expenses
Where the Money Goes
48%
Programs: 48%
Payroll: 20%
Other overhead: 52%
Program Revenue$302K (8%)
Total Expenses$628K (16%)
Payroll$127K (20%)
Overhead (non-program)52%
Trust Score Breakdown
Program Spending Ratio
48% of expenses go to programs
Revenue & Stability
$3.8M annual revenue
Executive Compensation
$127K total officer comp (20.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$10.8M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.