Creating Friendships for Peace Inc

Analysis

Creating Friendships for Peace Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Creating Friendships for Peace Inc reported income of $146k and spending of $157k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $146k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Creating Friendships for Peace 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 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include World Bible Ministries ($146k), World Ahead Corp ($146k) and Project Rehema Ministries Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $401k against liabilities of $1,084, net assets of $400k.