Peaster Education Foundation

Analysis

Peaster Education Foundation is a registered charity in United States, based in Peaster, TX. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Peaster Education Foundation reported income of $447k and spending of $368k, spending 82% of its income. Across the 3 years on record, from December 2021 to June 2023, income grew from $321k to $447k (+39%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peaster Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Harry K Foundation ($447k), Franklin Schools Foundation ($447k) and Honored Foundation ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $533k against liabilities of $181k, net assets of $352k.