Peters Place

Analysis

Peters Place is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Peters Place reported income of $895k and spending of $1.0m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $732k to $895k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Peters Place sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Cool Girls Inc ($895k), 826dc Inc ($896k) and Starts Right Here ($893k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $158k (15% of expenses). Other salaries and wages came to $531k. At year end it held assets of $2.0m against liabilities of $33k, net assets of $2.0m. It reported 15 employees.