New York Peace Institute Inc

Analysis

New York Peace Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2023, New York Peace Institute Inc reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.2m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York Peace Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Ao Advocating Opportunity Inc ($2.2m), Steps to Success Inc ($2.2m) and Hope of East Central Illinois NFP ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $148k (7.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $424k, net assets of $2.0m. It reported 29 employees.