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Blanton-Peale Institute

RegisteredEIN 13-5647408New York, NYReligion
Income$4.3m2023-06
Spending$4.1msame year
Spent / received91%5-year average
Size in its cause98th pctReligion
Exempt since1968Publicly supported organisat
Employees24latest return

Analysis

Blanton-Peale Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Blanton-Peale Institute reported income of $4.3m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.3m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Blanton-Peale Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include National Religious Broadcasters ($4.3m), Ameinu Our People Inc ($4.3m) and What Matters Ministries and Missions ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $169k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.3m against liabilities of $1.0m, net assets of $3.2m. It reported 24 employees.

Income and spending

$0$1.3m$2.6m$3.9m$5.2m2019 Income: $3,187,7612019 Spending: $3,057,63820192020 Income: $3,329,2422020 Spending: $3,508,71020202021 Income: $5,239,8182021 Spending: $3,615,91420212022 Income: $3,834,5282022 Spending: $3,793,36720222023 Income: $4,315,9572023 Spending: $4,079,8342023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 89%

Similar-sized charities, same cause

CharityLocationIncome
National Religious BroadcastersWashington$4.3m
Ameinu Our People IncWashington$4.3m
What Matters Ministries and MissionsGainesville$4.3m
North Raleigh Ministries IncRaleigh$4.3m