American Friends of the Peres Institute for Peace Inc

Analysis

American Friends of the Peres Institute for Peace Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in November 1997, 29 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 December 2023, American Friends of the Peres Institute for Peace Inc reported income of $498k and spending of $502k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $2.5m to $498k (-80%), an average of -28% a year. The sharpest change came in the year to December 2019, when income dropped by 41%. 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, American Friends of the Peres Institute for Peace Inc 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 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Lespri Ministries ($498k), Grace Relief Initiative International ($498k) and Adorer Missionary Sisters of the Poor ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $22k, net assets of -$1,935.

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.