Perfect Peace Inc

Analysis

Perfect Peace Inc is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Perfect Peace Inc reported income of $494k and spending of $511k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $275k to $494k (+80%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Perfect Peace Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within NH. Charities of a similar size with the same main cause include Show and Tell Corporation ($494k), Madison House ($494k) and Artists Creating Together Inc ($494k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $51k (10% of expenses). Other salaries and wages came to $193k. At year end it held assets of $65k against liabilities of $57k, net assets of $7,896. It reported 19 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.