Peacetrees Vietnam

Analysis

Peacetrees Vietnam is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2006, 20 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, Peacetrees Vietnam reported income of $3.8m and spending of $3.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.8m (+33%), an average of +7.4% a year. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peacetrees Vietnam sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include American Friends of the Israel Sport Center for the Disabled ($3.8m), The George E Brown United States Mexico Foundation for Science Inc ($3.8m) and Compassionate Hope Foundation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $147k (4.0% of expenses). Other salaries and wages came to $442k. At year end it held assets of $2.5m against liabilities of $323k, net assets of $2.2m. It reported 6 employees.