Peace Development Fund Inc

Analysis

Peace Development Fund Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Peace Development Fund Inc reported income of $5.1m and spending of $5.5m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $5.1m (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peace Development Fund Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Israel Policy Forum Inc ($5.1m), Health Through Walls Inc ($5.1m) and Junior Achievement of Chicago ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.5% of the total. Other salaries and wages came to $454k. At year end it held assets of $2.7m against liabilities of $575k, net assets of $2.1m. It reported 8 employees.