Strides for Peace Inc

Analysis

Strides for Peace Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Strides for Peace Inc reported income of $320k and spending of $238k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $320k (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strides for Peace Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include St Josephs Youth Camp Inc ($319k), Creative Netwerk ($320k) and Korean American School of Atlanta ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. Other salaries and wages came to $60k. At year end it held assets of $124k against liabilities of $20k, net assets of $103k. It reported 2 employees.