Parents for Peace

Analysis

Parents for Peace is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Parents for Peace reported income of $1.2m and spending of $842k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $202k to $1.2m (+492%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Parents for Peace sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include One Community Action ($1.2m), Capital Appeals Project ($1.2m) and Opportunities for Access ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $269k. At year end it held assets of $628k against liabilities of $33k, net assets of $595k. It reported 10 employees.