For Petes Sake Foundation Inc a Florida Nonprofit Corporation

Analysis

For Petes Sake Foundation Inc a Florida Nonprofit Corporation is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, For Petes Sake Foundation Inc a Florida Nonprofit Corporation reported income of $100k and spending of $16k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $100k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, For Petes Sake Foundation Inc a Florida Nonprofit Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Glaucoma Institute of Beverly Hills Research Foundation Inc ($100k), Trula Foundation ($100k) and Mission Pso Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.