Karuna Center for Peace Building

Analysis

Karuna Center for Peace Building is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Karuna Center for Peace Building reported income of $1.5m and spending of $1.1m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.5m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to September 2022, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Karuna Center for Peace Building sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Rogue Valley Symphony Association ($1.5m), Society for the Development of Arts and Humanities of Greater Newburyp ($1.5m) and Wilford Woodruff Papers Foundation ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $154k. At year end it held assets of $1.0m against liabilities of $286k, net assets of $729k. It reported 8 employees.