Peconic Community School

Analysis

Peconic Community School is a registered charity in United States, based in Cutchogue, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peconic Community School reported income of $2.4m and spending of $2.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $885k to $2.4m (+169%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peconic Community School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Pillars Preparatory Academy Inc ($2.4m), Living Wisdom School of Palo Alto ($2.4m) and Christian Education Leadership Academy Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Other salaries and wages came to $1.7m. It paid $120k in professional fundraising fees. At year end it held assets of $950k against liabilities of $240k, net assets of $710k. It reported 42 employees.