Old Mission Peninsula Education Foundation

Analysis

Old Mission Peninsula Education Foundation is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Old Mission Peninsula Education Foundation reported income of $111k and spending of $59k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $139k to $111k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Mission Peninsula Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Charyl Stockwell Academy Parent Council ($111k), Future Proof Institute Inc ($111k) and Foothill Elementary PTO ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.