Peach Philanthropic Endowment Advancing Childrens Health Inc

Analysis

Peach Philanthropic Endowment Advancing Childrens Health Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover medical research, 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, Peach Philanthropic Endowment Advancing Childrens Health Inc reported income of $72k and spending of $36k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $237k to $72k (-69%), an average of -33% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peach Philanthropic Endowment Advancing Childrens Health Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Friends of TRTF ($72k), Love From Liam Foundation Inc ($72k) and Lac Qui Parle Hope Network Inc ($72k).

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 $65k against liabilities of $0, net assets of $65k.