Peerverity Foundation

Analysis

Peerverity Foundation is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in December 2021, 5 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 December 2023, Peerverity Foundation reported income of $237k and spending of $120k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $10.0m to $237k (-98%), an average of -85% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 1.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peerverity Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Collaborative Law Institute of Texas ($237k), Cisd Educational Support Groups Inc ($237k) and Living Oaks Academy ($237k).

At year end it held assets of $10.1m against liabilities of $54k, net assets of $10.1m.