Peaceworks Inc

Analysis

Peaceworks Inc is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in June 1991, 35 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, Peaceworks Inc reported income of $191k and spending of $195k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $191k (+8.9%), an average of +8.9% a year. Over the whole period it spent 118% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peaceworks Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Ten Thousand Villages Richmond Virginia Inc ($191k), Hope for Leogane Inc ($191k) and Barnraisers Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.