Peace by Piece Inc

Analysis

Peace by Piece Inc is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in June 2017, 9 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, Peace by Piece Inc reported income of $164k and spending of $152k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $697k to $164k (-76%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace by Piece Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 44th percentile within DE. Charities of a similar size with the same main cause include California Gang Investigators Association-Cgia ($164k), Iron County Senior Citizens Organization Inc ($164k) and Agma Relief Fund ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $44k against liabilities of $1,884, net assets of $42k.