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Scholars for Peace in the Middle East Inc

RegisteredEIN 42-1565640Bala Cynwyd, PAOverseas aid and international
Income$1.3m2023-06
Spending$1.9msame year
Spent / received82%4-year average
Size in its cause83rd pctOverseas aid and international
Exempt since2003Publicly supported organisat
Employees3latest return

Analysis

Scholars for Peace in the Middle East Inc is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Scholars for Peace in the Middle East Inc reported income of $1.3m and spending of $1.9m, spending 152% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.3m (+16%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Scholars for Peace in the Middle East Inc 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 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Living Waters for the World ($1.3m), Peace Action Education Fund ($1.3m) and Sister India Ltd ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $191k (10.0% of expenses). Other salaries and wages came to $165k. At year end it held assets of $1.4m against liabilities of $5,136, net assets of $1.4m. It reported 3 employees.

Income and spending

$0$478k$956k$1.4m$1.9m2020 Income: $1,079,7612020 Spending: $530,42020202021 Income: $1,031,6352021 Spending: $612,50520212022 Income: $1,616,4642022 Spending: $1,033,37020222023 Income: $1,255,7402023 Spending: $1,912,8032023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 0.6%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Living Waters for the WorldSpring Hill$1.3m
Peace Action Education FundSilver Spring$1.3m
Sister India LtdTulsa$1.3m
Junior Achievement of Central VirginiaRichmond$1.3m