Power of Peace Initiative Inc

Analysis

Power of Peace Initiative Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in December 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 December 2023, Power of Peace Initiative Inc reported income of $185k and spending of $265k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $246k to $185k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power of Peace Initiative Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Scottish Rite Foundation of Utah ($185k), Sonic Automotive Family Emergency Fund ($185k) and Ladders for Leaders ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $150k (56% of expenses). At year end it held assets of $36k against liabilities of $18k, net assets of $18k.