Peterson Solutions Fund is a 501(c)(4) organization based in New York, New York, registered in 2025, with $5,566,042 in FY2023 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
Revenue (FY2023)
$5.6M
▲ 527.9% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$4.5M
Net assets
$443.0M
Employees
1
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Peterson Solutions Fund: 88% to programs earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Peterson Solutions Fund: 1174 mo reserves · +19% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Peterson Solutions Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Peterson Solutions Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Promotion of social welfare
Revenue grew from $886K (FY2022) to $5.6M (FY2023) across 2 reported years.
Financial snapshot
Operating margin
18.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$446.1M
Total liabilities
$3.0M
Net assets
$443.0M
Salaries & benefits
$663K
15% of expenses
Board members
1
1 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,566,042▲528% | $4,530,033▲149% | $443,032,873▲2.6% | $446,073,280▲3.2% | 990 |
| 2022 | $886,415 | $1,816,786 | $431,746,528 | $432,171,503 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Brett Loper — $54,650 (1.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brett Loper | Executive Director (beg. 11/23) | 30 | $54,650 |
| Michael A Peterson | Director, Founding Chairman and Ceo | 1 | — |
| Michael Shankman | Treasurer | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Simpson Thacher & Bartlett LLP | Professional Legal Fees | $203,433 |
| Manatt Phelps & Phillips LLP | Professional Consulting Fees | $200,000 |
6 grants totaling $3.1M in FY2023. All grants made by Peterson Solutions Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Fix the Debt Coalition Inc | See part iv | $1,505,000 |
| Bipartisan Policy Center Action Inc | See part iv | $711,000 |
| Fix the Debt Coalition Inc | See part iv | $689,000 |
| North Carolina Information Innovation Fund | See part iv | $100,000 |
| Center Forward | See part iv | $100,000 |
| Third Way | See part iv | $17,000 |
Explore more
Data for Peterson Solutions Fund (EIN 88-2743235) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.