Petersburg Community Foundation Inc

Analysis

Petersburg Community Foundation Inc is a registered charity in United States, based in Petersburg, NE. It received its IRS tax-exemption ruling in July 2022, 4 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, Petersburg Community Foundation Inc reported income of $93k and spending of $75k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $93k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Petersburg Community Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NE. Charities of a similar size with the same main cause include Hondo Athletic Booster Association ($93k), Brownsville Elementary School Parent Teacher Organization ($93k) and Arab American Association for Engineers & Architects ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.