Perigee Fund

Analysis

Perigee Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Perigee Fund reported income of $12.2m and spending of $18.7m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.8m to $12.2m (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Perigee Fund sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Texas Association of Community Health Centers Inc ($12.2m), Crown Point Christian Village Inc ($12.2m) and Advocacy Alliance ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $329k (1.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $17.6m against liabilities of $475k, net assets of $17.1m. It reported 13 employees.