Play for Peace

Analysis

Play for Peace is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Play for Peace reported income of $673k and spending of $694k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $605k to $673k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Play for Peace sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Connection Cafe ($673k), Home of Life Community Development Corporation ($673k) and Childrens Advocacy Center of Van Zandt County ($673k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $26k. At year end it held assets of $128k against liabilities of $85k, net assets of $43k.

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.