Peace by Tourism Inc

Analysis

Peace by Tourism Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peace by Tourism Inc reported income of $75k and spending of $139k, spending 185% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $205k to $75k (-63%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace by Tourism Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Friends of Israeli Flying Aid Inc ($75k), Penn Regional Investments Inc ($75k) and Childrens Charity Ministry ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $2,127, net assets of $13k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.