Institute for Economics and Peace

Analysis

Institute for Economics and Peace is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Institute for Economics and Peace reported income of $600k and spending of $584k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $483k to $600k (+24%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Economics and Peace sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Bob Moog Memorial Foundation for Electronic Music Inc ($600k), Bishop Hill Heritage Association ($600k) and Cue Art Foundation ($600k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $251k. At year end it held assets of $238k against liabilities of $56k, net assets of $182k. It reported 2 employees.