Peo Program for Continuing Education

Analysis

Peo Program for Continuing Education is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2024, Peo Program for Continuing Education reported income of $5.9m and spending of $3.9m, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.4m to $5.9m (+73%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peo Program for Continuing Education sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Big Island Substance Abuse Council ($5.9m), New Mexico Tech Foundation ($5.9m) and Bertha D Garten Ketcham Memorial Center Inc ($5.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $53k. At year end it held assets of $13.9m against liabilities of $24, net assets of $13.9m.