Community of Peace Academy

Analysis

Community of Peace Academy is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Community of Peace Academy reported income of $14.8m and spending of $14.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $14.8m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community of Peace Academy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Constellation Schools Parma Community Elementary ($14.8m), Rudolf Steiner School Inc ($14.8m) and DC Scholars Public Charter School Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $333k (2.4% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $13.0m against liabilities of $10.5m, net assets of $2.5m. It reported 204 employees.