Peninsula Bishops Attic Inc

Analysis

Peninsula Bishops Attic Inc is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Peninsula Bishops Attic Inc reported income of $583k and spending of $465k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $589k to $583k (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Bishops Attic Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AK. Charities of a similar size with the same main cause include Spokane C O P S ($583k), The Sanctuary of Culture Foundation ($583k) and Lebanon Senior Housing Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Other salaries and wages came to $236k. At year end it held assets of $1.5m against liabilities of $984k, net assets of $497k. It reported 17 employees.