Fund for Peace Inc

Analysis

Fund for Peace Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1962, 64 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 September 2023, Fund for Peace Inc reported income of $707k and spending of $925k, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $707k (-60%), an average of -20% a year. The sharpest change came in the year to September 2023, when income dropped by 37%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fund for Peace Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include Earth Citizens Organization ($706k), World Council for Youth and Diplomacy Inc ($707k) and International Model United Nations Assoc Inc ($705k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $147k (16% of expenses). Other salaries and wages came to $354k. At year end it held assets of $231k against liabilities of $196k, net assets of $35k. It reported 8 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.