Peekskill Herald Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SECTION 501(C)3 PURPOSES, AND TO OPERATE A NEWPAPER TO FURTHER LITERATURE AND EDUCATION THROUGH JOURNALISM, (B) TO FURTHER OTHER CHARITABLE PURPOSES AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS, AND (C) TO CONDUCT ANY LAWFUL ACT OR ACTIVITY RELATED TO THE FOREGOING THAT IS CONSISTENT WITH THE PROVISIONS OF CODE SECTION 501(C)3.
- Income
- $174,860
- Spending
- $234,605
- Reserves
- 1.4 months of spending
- Largest source of income
- donations and private grants, 95%
- Highest pay
- $20,000, executive di
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 14% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 34% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $131,732 spent. IN 2025 WON OUR SECOND AWARD FOR REPORTING FROM THE NEW YORK PRESS ASSOCIATION. OUR SPORTS EDITOR JEFFREY MERCHAN WON FOR A STORY HE WROTE ABOUT A SOCCER PLAYER WHO WAS INJURED ON THE FIELD. WE CONVENED A PUBLIC FORUM ON TRAFFIC AND PEDESTRIAN SAFETY AT DRAMATIC HALL THAT WAS ATTENDED BY THE PUBLIC ALONG WITH CITY OFFICIALS. WE ABSORBED THE INSTAGRAM ACCOUNT PEEKSKILL_EXURBANIST WITH MORE THAN 10,000 FOLLOWERS AND INCORPORATED IT INTO OUR MULTI-MEDIA PLATFORM. WE REPORTED ON A SITUATION WITH SENIOR CITIZENS WHO WERE FEELING HELD HOSTAGE IN THEIR APARTMENT BUILDING. OUR REPORTING LED TO ACTION ON THE PART OF THE OWNER OF THE BUILDING. WE INITIATED SPORTS COVERAGE OF THE NEIGHBORING SCHOOL DISTRICT. WE CREATED PHOTO JOURNALIST VIDEO STORIES ON OUR PEEKSKILL_EXURBANIST SITE.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.