Perry Technical Foundation

Analysis

Perry Technical Foundation is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Perry Technical Foundation reported income of $1.8m and spending of $1.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $766k to $1.8m (+141%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Perry Technical Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Offender Alumni Association ($1.8m), The Knee Society Inc ($1.8m) and Galesburg Christian School Association Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $86k (4.9% of expenses). Other salaries and wages came to $77k. At year end it held assets of $11.0m against liabilities of $589k, net assets of $10.4m.