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Your Centerpeace Inc

RegisteredEIN 47-1810614Wake Forest, NCPoverty relief
Income$78k2023-12
Spending$68ksame year
Spent / received112%2-year average
Size in its cause27th pctPoverty relief
Exempt since2015Publicly supported organisat
Employees–latest return

Analysis

Your Centerpeace Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Your Centerpeace Inc reported income of $78k and spending of $68k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $78k (-10%), an average of -10% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Your Centerpeace Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Global Purpose Group ($78k), Americanization League of Syracuse and Onondaga County Inc ($78k) and Sterling Campus Inc ($78k).

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 $75k against liabilities of $0, net assets of $75k.

Income and spending

$0$29k$59k$88k$117k2022 Income: $87,0352022 Spending: $117,42020222023 Income: $78,2382023 Spending: $67,9612023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Global Purpose GroupCarmel Valley$78k
Americanization League of Syracuse and Onondaga County IncSyracuse$78k
Sterling Campus IncMt Sterling$78k
Pan de Vida FoundationQueen Creek$78k