Peninsula Alliance

Analysis

Peninsula Alliance is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Peninsula Alliance reported income of $288k and spending of $277k, spending 96% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $279k to $288k (+3.2%), an average of +1.1% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peninsula Alliance sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Entrepreneurship Foundation ($288k), Blessing Box Resale Store Inc ($288k) and International Business As Mission Inc ($288k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.