Peru State College Foundation Inc

Analysis

Peru State College Foundation Inc is a registered charity in United States, based in Peru, NE. It received its IRS tax-exemption ruling in May 1967, 59 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, Peru State College Foundation Inc reported income of $3.0m and spending of $1.4m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $3.0m (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peru State College Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Duke Allmo Services Inc ($3.0m), Precious Promise Academy Inc ($3.0m) and Institute Foundation Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $87k (6.3% of expenses). Other salaries and wages came to $145k. At year end it held assets of $22.3m against liabilities of $171k, net assets of $22.1m.