Peachtree Landing Inc

Analysis

Peachtree Landing Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Peachtree Landing Inc reported income of $192k and spending of $232k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $192k (-21%), an average of -5.7% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peachtree Landing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include SNHS Elderly Housing IX Inc ($192k), Clackamas Residential Options Inc ($192k) and Wheels of Progress Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $140k. At year end it held assets of $200k against liabilities of $6,223, net assets of $194k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.