Peace Center Inc Food & Clothing Distribution

Analysis

Peace Center Inc Food & Clothing Distribution is a registered charity in United States, based in New Prague, MN. It received its IRS tax-exemption ruling in May 2007, 19 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 Center Inc Food & Clothing Distribution reported income of $188k and spending of $178k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $217k to $188k (-14%), an average of -14% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace Center Inc Food & Clothing Distribution sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Hospice of Wichita Falls Inc Support TR ($188k), Hope Housing of Miami Inc ($188k) and Association for Computational Learning ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.