Peach Tree Acres Inc

Analysis

Peach Tree Acres Inc is a registered charity in United States, based in Harbeson, DE. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peach Tree Acres Inc reported income of $231k and spending of $288k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $231k (+1328%), an average of +94% a year. The sharpest change came in the year to December 2020, when income rose by 1378%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peach Tree Acres Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 51st percentile within DE. Charities of a similar size with the same main cause include Red Rock World Missions ($231k), Ahavas Oylom Inc ($231k) and H10 Ministries ($231k).

Other salaries and wages came to $85k. At year end it held assets of $1.5m against liabilities of $1.0m, net assets of $419k. It reported 30 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.