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Peace Center

RegisteredEIN 23-3047368Langhorne, PAPoverty relief
Income$333k2023-12
Spending$451ksame year
Spent / received99%5-year average
Size in its cause58th pctPoverty relief
Exempt since2000Publicly supported organisat
Employees26latest return

Analysis

Peace Center is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peace Center reported income of $333k and spending of $451k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $560k to $333k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Neighborhood Improvement Association Inc ($333k), Lakes Life Care Center ($333k) and LA LA Land Foundation Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $52k (12% of expenses). Other salaries and wages came to $260k. At year end it held assets of $242k against liabilities of $8,352, net assets of $234k. It reported 26 employees.

Income and spending

$0$140k$280k$420k$560k2019 Income: $559,5942019 Spending: $548,03220192020 Income: $547,0032020 Spending: $483,98420202021 Income: $512,1602021 Spending: $507,09020212022 Income: $521,2712022 Spending: $461,85420222023 Income: $333,4232023 Spending: $451,3202023
IncomeSpending

Where the income comes from

  • Contributions & grants 51%
  • Program services 48%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Neighborhood Improvement Association IncSavannah$333k
Lakes Life Care CenterForest Lake$333k
LA LA Land Foundation IncNew York$333k
Forward FoundationFargo$333k