Glory of Peace and Love

Analysis

Glory of Peace and Love is a registered charity in United States, based in Mill Creek, WA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Glory of Peace and Love reported income of $76k and spending of $28k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $76k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glory of Peace and Love sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include Albuquerque Folk Festival ($76k), Lake Benton Opera House Inc ($76k) and Gilbert Baker Foundation Ltd ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.