Project Peace Latin America Inc

Analysis

Project Peace Latin America Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2010, 16 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, Project Peace Latin America Inc reported income of $184k and spending of $266k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $184k (+148%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 217%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Peace Latin America Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Wrench It Forward Inc ($184k), Chester-Andover Family Center ($184k) and Association of Snap Nutrition Education Administrators ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $34k against liabilities of $110k, net assets of -$76k.