P E O Scholar Awards

Analysis

P E O Scholar Awards is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, P E O Scholar Awards reported income of $2.9m and spending of $2.2m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $2.9m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, P E O Scholar Awards sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Collegiate Edu-Nation ($2.9m), International Community Schools Inc ($2.9m) and Penn Hillel ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $37k. At year end it held assets of $12.8m against liabilities of $0, net assets of $12.8m.