Master & Fellows of Peterhouse

Analysis

Master & Fellows of Peterhouse is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in April 1951, 75 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2023, Master & Fellows of Peterhouse reported income of $15.2m and spending of $17.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.3m to $15.2m (-6.9%), an average of -1.8% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Master & Fellows of Peterhouse sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Hancock Hardin Wyandot Putnam Community Action Commission ($15.2m), Ronald McDonald House Long Island Inc ($15.2m) and Arc of Carroll County Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.5m (9.0% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $485.4m against liabilities of $40.6m, net assets of $444.8m. It reported 205 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.