Square Peg Foundation

Analysis

Square Peg Foundation is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Square Peg Foundation reported income of $1.1m and spending of $876k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $1.1m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2021, when income dropped by 50%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Square Peg Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Friendly Connections Inc ($1.1m), Child Health Patient Safety Organization Inc ($1.1m) and Life Alaska Donor Services ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $403k (46% of expenses). At year end it held assets of $456k against liabilities of $0, net assets of $456k. It reported 10 employees.