Peoria Production Shop Inc

Analysis

Peoria Production Shop Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in July 1953, 73 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 March 2023, Peoria Production Shop Inc reported income of $8.5m and spending of $7.7m, spending 91% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $5.7m to $8.5m (+50%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 64%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peoria Production Shop Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include 360 Communities ($8.5m), Newark Downtown District Management Corporation ($8.5m) and Sherwood Community Services ($8.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.0% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $789k (10% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $32.7m against liabilities of $13.0m, net assets of $19.7m. It reported 428 employees.