Peninsula Alliance

Analysis

Peninsula Alliance is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Peninsula Alliance reported income of $2.3m and spending of $2.3m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $2.3m (+96%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Alliance sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.3m), Journey to New Life Inc ($2.3m) and Sigler Western Museum ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $158k (6.9% of expenses). Other salaries and wages came to $896k. At year end it held assets of $646k against liabilities of $546k, net assets of $100k. It reported 42 employees.