Friends of Peanut Proud Inc

Analysis

Friends of Peanut Proud Inc is a registered charity in United States, based in Blakely, GA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2022, Friends of Peanut Proud Inc reported income of $110k and spending of $119k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $150k to $110k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Peanut Proud Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Wbkr-Womi Bellsouth Telephone Pioneers Christmas Wish Inc ($110k), Helping Hands Ministry ($110k) and Zebra Crossings ($110k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.