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Island Peer Review Organization Inc

RegisteredEIN 11-2662689Jericho, NYOther charitable purposes
Income$83.2m2023-07
Spending$79.9msame year
Spent / received97%5-year average
Size in its cause100th pctOther charitable purposes
Exempt since1984Publicly supported organisat
Employees415latest return

Analysis

Island Peer Review Organization Inc is a registered charity in United States, based in Jericho, NY. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 July 2023, Island Peer Review Organization Inc reported income of $83.2m and spending of $79.9m, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $64.8m to $83.2m (+28%), an average of +6.5% a year. The sharpest change came in the year to July 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island Peer Review Organization Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Bridgewell Incorporated ($82.8m), Bestself Behavioral Health Inc ($83.4m) and Vip Community Services Inc ($82.7m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $5.1m (6.4% of expenses). Other salaries and wages came to $29.8m. At year end it held assets of $74.8m against liabilities of $24.6m, net assets of $50.2m. It reported 415 employees.

Income and spending

$0$20.8m$41.6m$62.4m$83.2m2019 Income: $64,755,7142019 Spending: $64,424,70220192020 Income: $66,657,7162020 Spending: $64,304,58020202021 Income: $69,591,3862021 Spending: $66,160,10220212022 Income: $67,872,4192022 Spending: $66,228,78120222023 Income: $83,195,8022023 Spending: $79,889,3472023
IncomeSpending

Where the income comes from

  • Program services 99%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Bridgewell IncorporatedPeabody$82.8m
Bestself Behavioral Health IncBuffalo$83.4m
Vip Community Services IncBronx$82.7m
Grow Early Learning CorpRaleigh$83.4m