Peaceworks Inc

Analysis

Peaceworks Inc is a registered charity in United States, based in Medina, OH. It received its IRS tax-exemption ruling in December 2014, 12 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, Peaceworks Inc reported income of $89k and spending of $90k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $89k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Peaceworks Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Crystal Run Owner Corp V ($89k), Global Restoration Center ($89k) and National Association for Debt Education & Assistance ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $1,233 against liabilities of $0, net assets of $1,233.