Dwayne Peaslee Technical Training Center Inc

Analysis

Dwayne Peaslee Technical Training Center Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, Dwayne Peaslee Technical Training Center Inc reported income of $3.1m and spending of $1.4m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.1m (+137%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dwayne Peaslee Technical Training Center 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 89th percentile within KS. Charities of a similar size with the same main cause include Tandem Partners in Early Learning ($3.1m), Prefund ($3.1m) and Northeast Claiborne Charter School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $160k (11% of expenses). Other salaries and wages came to $533k. At year end it held assets of $7.0m against liabilities of $922k, net assets of $6.1m. It reported 52 employees.