Peris Foundation

Analysis

Peris Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2017, 9 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, Peris Foundation reported income of $590k and spending of $176k, leaving 70% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $877k to $590k (-33%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 771%. Over the whole period it spent 20% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peris Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Community Homes of Lebanon County Inc ($590k), Rci Village Properties ($590k) and 163 West 170th Street HDFC ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $75k (43% of expenses). At year end it held assets of $1.7m against liabilities of $2,777, net assets of $1.7m.