P E O Educational Loan Fund

Analysis

P E O Educational Loan Fund is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in September 1962, 64 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 Educational Loan Fund reported income of $5.8m and spending of $429k, leaving 93% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.0m to $5.8m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 10% 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 Educational Loan Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Hudson Link for Higher Education in ($5.8m), Mason Preparatory School ($5.8m) and Communities in Schools of Memphis Inc ($5.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 12% of the total. Other salaries and wages came to $155k. At year end it held assets of $94.5m against liabilities of $0, net assets of $94.5m.