Peirce Extended Day Program Inc

Analysis

Peirce Extended Day Program Inc is a registered charity in United States, based in West Newton, MA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Peirce Extended Day Program Inc reported income of $980k and spending of $888k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $754k to $980k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 87%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peirce Extended Day Program Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include St Dunstans Academy ($980k), Kansas City Metropolitan Library & Information Network ($980k) and Gloria Dei Academy ($980k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $138k (16% of expenses). Other salaries and wages came to $446k. At year end it held assets of $1.1m against liabilities of $113k, net assets of $1.0m. It reported 29 employees.