Peace Academic Center Inc

Analysis

Peace Academic Center Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Peace Academic Center Inc reported income of $210k and spending of $197k, spending 94% of its income. Across the 2 years on record, from June 2021 to June 2023, income grew from $99k to $210k (+112%), an average of +112% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peace Academic Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KS. Charities of a similar size with the same main cause include Corpus Christi Tennis Association ($210k), Durham Teacher Warehousecorporation ($210k) and University of Canterbury Foundation in America Inc ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $36k (18% of expenses). At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 1 employees.