Peabody Education Foundation

Analysis

Peabody Education Foundation is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Peabody Education Foundation reported income of $119k and spending of $134k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $119k (+2.3%), an average of +2.3% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peabody Education Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Bring Back the Trades Inc ($119k), Faith Home and School ($119k) and Christian Brothers Real Estate Supporting Organization ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $186k against liabilities of $700, net assets of $185k.