Business Council for Peace Inc

Analysis

Business Council for Peace Inc is a registered charity in United States, based in Winston Salem, NC. 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 September 2023, Business Council for Peace Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $701k to $1.6m (+124%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Business Council for Peace Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Open Government Partnership Secretariat ($1.6m), Global Jewish Assistance and Relief Network ($1.6m) and Teaching for Change ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 6.0% of the total. At year end it held assets of $917k against liabilities of $365k, net assets of $552k. It reported 6 employees.