Peachtree Learning Center

Analysis

Peachtree Learning Center is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Peachtree Learning Center reported income of $401k and spending of $394k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $201k to $401k (+99%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peachtree Learning Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Key West Harry S Truman Foundation Inc ($401k), Visart Inc ($401k) and Mars Hill Audio Incorporated ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $204k. At year end it held assets of $621k against liabilities of $305k, net assets of $316k. It reported 6 employees.