Peter Spencer Family Life Foundation

Analysis

Peter Spencer Family Life Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Peter Spencer Family Life Foundation reported income of $279k and spending of $332k, spending 119% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $290k to $279k (-3.8%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Peter Spencer Family Life Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 55th percentile within DE. Charities of a similar size with the same main cause include Shepherd of All Gods Children ($279k), Bad Dog Arts ($279k) and Kansas Junior Livestock Show ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $360k against liabilities of $32k, net assets of $328k.