Peninsula Social Club Foundation

Analysis

Peninsula Social Club Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in October 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, Peninsula Social Club Foundation reported income of $55k and spending of $80k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $55k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 144% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peninsula Social Club Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Jourdanton Education Foundation ($55k), Julia Helen Smith Scholarship Fund Inc ($55k) and Terraset Elementary School PTO Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.