Global Capital of World Peace

Analysis

Global Capital of World Peace is a registered charity in United States, based in Romney, WV. It received its IRS tax-exemption ruling in July 2010, 16 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, Global Capital of World Peace reported income of $1.1m and spending of $1.3m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.1m (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Capital of World Peace sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include St Therese of the Little Flower World Mission Inc ($1.1m), Alliance for International Exchange Inc ($1.1m) and Fellowship of Reconciliation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,400 (0.2% of expenses). Other salaries and wages came to $152k. At year end it held assets of $14.7m against liabilities of $1.1m, net assets of $13.6m. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.