Little Friends for Peace Inc

Analysis

Little Friends for Peace Inc is a registered charity in United States, based in Accokeek, MD. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Little Friends for Peace Inc reported income of $299k and spending of $187k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $299k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Little Friends for Peace Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Football for Her Inc ($298k), Walltown Childrens Theatre ($299k) and Christ for Life Ministry Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $76k (41% of expenses). Other salaries and wages came to $29k. At year end it held assets of $499k against liabilities of $19k, net assets of $480k. It reported 2 employees.