Peregrine Fund Inc

Analysis

Peregrine Fund Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 September 2023, Peregrine Fund Inc reported income of $34.6m and spending of $10.1m, leaving 71% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.8m to $34.6m (+295%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 229%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peregrine Fund Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ID. Charities of a similar size with the same main cause include Services for the Underserved Inc ($34.6m), West Virginia Health Right Inc ($34.7m) and National Industries for the Blind ($34.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $284k (2.8% of expenses). Other salaries and wages came to $4.1m. It paid $31k in professional fundraising fees. At year end it held assets of $55.4m against liabilities of $3.0m, net assets of $52.4m. It reported 69 employees.