American Peanut Research and Education Society Inc

Analysis

American Peanut Research and Education Society Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, American Peanut Research and Education Society Inc reported income of $128k and spending of $201k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $128k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Peanut Research and Education Society Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Bokitas Foundation Inc ($128k), Give Hope Guatemala Education Foundation Inc ($128k) and Angel of Edgewood Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 70% of the total. At year end it held assets of $199k against liabilities of $457, net assets of $198k.