Peterson Spouses Club Charitable Organization

Analysis

Peterson Spouses Club Charitable Organization is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Peterson Spouses Club Charitable Organization reported income of $114k and spending of $47k, leaving 59% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $64k to $114k (+78%), an average of +12% a year. The sharpest change came in the year to May 2021, when income dropped by 100%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peterson Spouses Club Charitable Organization sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Little League Baseball Inc ($114k), Elfreths Alley Association Inc ($114k) and Macd Endowment Fund Inc ($114k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.2% of the total. Other salaries and wages came to $30k. At year end it held assets of $73k against liabilities of $1,573, net assets of $71k. It reported 5 employees.