Peebles Court Inc

Analysis

Peebles Court Inc is a registered charity in United States, based in Hohenwald, TN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Peebles Court Inc reported income of $108k and spending of $156k, spending 145% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $102k to $108k (+5.3%), an average of +1.0% a year. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peebles Court Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Little League Baseball Inc ($108k), Greater Houston Hispanic Chamber of Commerce Foundation ($108k) and Way of Truth Ministries ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $29k. At year end it held assets of $501k against liabilities of $54k, net assets of $447k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.