Peters Work

Analysis

Peters Work is a registered charity in United States, based in Fallbrook, CA. It received its IRS tax-exemption ruling in July 2006, 20 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 June 2023, Peters Work reported income of $650k and spending of $315k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $825k to $650k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peters Work sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Smart Thinking Foundation Inc ($650k), West End Community Foundation Inc ($650k) and Holy Cross Early Learning Center Inc ($650k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.