The Peach Foundation

Analysis

The Peach Foundation is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in March 2002, 24 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, The Peach Foundation reported income of $1.9m and spending of $1.3m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Peach Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Interscholastic League of Honolulu ($1.9m), Parent Educational Advocacy Training Center Inc ($1.9m) and Z E C a Inc Zero to Eighteen Educational Concepts Academy ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $50k (4.0% of expenses). Other salaries and wages came to $12k. At year end it held assets of $10.7m against liabilities of $1,724, net assets of $10.7m. It reported 2 employees.