Peanut Institute Foundation Inc

Analysis

Peanut Institute Foundation Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in April 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Peanut Institute Foundation Inc reported income of $497k and spending of $439k, spending 88% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $443k to $497k (+12%), an average of +2.9% a year. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peanut Institute Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include El Kinder Bilingual Academy Inc ($497k), Chicago Irish Immigrant Support ($497k) and Third Avenue Charitable Organization Inc ($497k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $932k against liabilities of $0, net assets of $932k.