Peg Partners Inc

Analysis

Peg Partners Inc is a registered charity in United States, based in Montreat, NC. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Peg Partners Inc reported income of $112k and spending of $108k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $112k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peg Partners Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Armenian Center for National and International Studies ($112k), Changing Lenses Changing Lives ($112k) and Adom Partnership International ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 22% of the total. At year end it held assets of $67k against liabilities of $928, net assets of $66k.