Khalsa Peace Corps

Analysis

Khalsa Peace Corps is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. 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, Khalsa Peace Corps reported income of $92k and spending of $115k, spending 125% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $114k to $92k (-19%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Khalsa Peace Corps sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Merton J and Beverly Segal Support Foundation ($92k), Great Plains Medical Research Foundation ($92k) and Boy Scouts of America ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $398k against liabilities of $0, net assets of $398k. It reported 3 employees.