Peytons Promise Inc

Analysis

Peytons Promise Inc is a registered charity in United States, based in Schofield, WI. It received its IRS tax-exemption ruling in November 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peytons Promise Inc reported income of $68k and spending of $93k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $68k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peytons Promise Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WI. Charities of a similar size with the same main cause include Dawson County Food Bank ($68k), National League of Young Men Inc ($68k) and Place Within-Southern California ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.