Peace First Inc

Analysis

Peace First Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 First Inc reported income of $1.4m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.4m (-39%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Peace First Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Changing Lives Youth Services Inc ($1.4m), No Limits Community Development Corporation ($1.4m) and Kids Beach Club ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Other salaries and wages came to $345k. At year end it held assets of $677k against liabilities of $24k, net assets of $653k. It reported 8 employees.