Periscope Foundation

Analysis

Periscope Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Periscope Foundation reported income of $171k and spending of $112k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $397k to $171k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Periscope Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Annie Appleseed Project ($171k), Ironstone Therapy Inc ($171k) and Coastpride Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.9% of the total. At year end it held assets of $258k against liabilities of $5,387, net assets of $253k.