Cleveland Peacemakers Inc

Analysis

Cleveland Peacemakers Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2016, 10 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, Cleveland Peacemakers Inc reported income of $519k and spending of $734k, spending 141% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.1m to $519k (-52%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cleveland Peacemakers Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Precious Hearts Sisterhood Inc ($519k), Sable Points Lighthouse Keepers Association ($519k) and Energyunited Foundation Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $96k (13% of expenses). Other salaries and wages came to $299k. At year end it held assets of $391k against liabilities of $201k, net assets of $190k. It reported 10 employees.