Path to Peace Foundation

Analysis

Path to Peace Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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 December 2023, Path to Peace Foundation reported income of $572k and spending of $992k, spending 173% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.9m to $572k (-80%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Path to Peace Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include The Hillier School Inc ($572k), Family Planning Services of Snyder Union & Northumberland Counties ($572k) and Childrens Dental Health Assn of San Diego ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $7.3m against liabilities of $33k, net assets of $7.2m.

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.