Peaslee Neighborhood Center Inc

Analysis

Peaslee Neighborhood Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1989, 37 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 December 2023, Peaslee Neighborhood Center Inc reported income of $552k and spending of $544k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $552k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peaslee Neighborhood Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Candles Inc ($552k), Missouri Slope Lutheran Care Center Foundation ($552k) and Brooklyn Child Care Inc ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $85k (16% of expenses). Other salaries and wages came to $210k. At year end it held assets of $495k against liabilities of $93k, net assets of $402k. It reported 14 employees.