Peoria Promise Foundation

Analysis

Peoria Promise Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Peoria Promise Foundation reported income of $377k and spending of $377k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $377k (+3.7%), an average of +0.9% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peoria Promise Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Foundation for East Baton Rouge School System ($377k), Montessori School of Aberdeen Inc ($377k) and International Union of Operating Engineers ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $639k against liabilities of $211k, net assets of $428k.