Peabody Management Systems Inc

Analysis

Peabody Management Systems Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peabody Management Systems Inc reported income of $15.4m and spending of $16.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $15.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peabody Management Systems Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Green & Healthy Homes Initiative Inc ($15.4m), Upmc ($15.4m) and Sundown M Ranch Corporation ($15.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $7.0m against liabilities of $7.2m, net assets of -$247k. It reported 138 employees.