Community of Peace Building Company

Analysis

Community of Peace Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community of Peace Building Company reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+29%), an average of +6.6% a year. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community of Peace Building Company sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Jobworx Inc ($1.6m), Wilmington Renaissance Corporation ($1.6m) and Abilities at Work ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $16.8m against liabilities of $22.2m, net assets of -$5.4m.

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.