Peck School

Analysis

Peck School is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in October 1945, 81 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peck School reported income of $18.2m and spending of $18.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $15.4m to $18.2m (+18%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peck School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include San Marcos Hays County Emergency Medical Services Incorporated ($18.2m), Bet Tzedek ($18.2m) and YMCA of Greater Flint ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.6m (8.7% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $74.0m against liabilities of $22.3m, net assets of $51.7m. It reported 118 employees.