Peytons Project

Analysis

Peytons Project is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Peytons Project reported income of $102k and spending of $263k, spending 259% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $102k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 1366%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peytons Project sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Texas Heritage Song Writers ($102k), Pacoli New York Inc ($102k) and Lake Winnipesaukee Historical Society ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $39k (15% of expenses). At year end it held assets of $163k against liabilities of $418, net assets of $163k. It reported 1 employees.