Peanut Proud Inc

Analysis

Peanut Proud Inc is a registered charity in United States, based in Blakely, GA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, Peanut Proud Inc reported income of $669k and spending of $702k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $669k (+161%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Peanut Proud Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Ellenboro Volunteer Fire Department Inc ($669k), Monroeville Vol Fire Company No 5 & Relief Assn of Monroeville Pa ($669k) and Weatherford Foundation Inc ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $247k against liabilities of $105k, net assets of $142k.