Peninsula Schools Education Foundation

Analysis

Peninsula Schools Education Foundation is a registered charity in United States, based in Gig Harbor, WA. It received its IRS tax-exemption ruling in December 1996, 30 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 2024, Peninsula Schools Education Foundation reported income of $63k and spending of $46k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $20k to $63k (+217%), an average of +217% a year. The sharpest change came in the year to June 2024, when income rose by 217%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peninsula Schools Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Shorecrest High School Ptsa 6 12 95 ($63k), North American Anthroposophic Nurses Association ($63k) and T-34 Association ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.