The Peregrine Project

Analysis

The Peregrine Project is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in March 2008, 18 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 August 2023, The Peregrine Project reported income of $4.9m and spending of $4.7m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.6m to $4.9m (+39%), an average of +8.5% a year. The sharpest change came in the year to August 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Peregrine Project sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Oakwood School ($4.9m), Ethiopia Education Initiatives Inc ($4.9m) and Bethel University Foundation ($4.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $157k (3.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $2.0m against liabilities of $662k, net assets of $1.4m. It reported 166 employees.