Delaware Pacem in Terris Inc

Analysis

Delaware Pacem in Terris Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 1967, 59 years ago. 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, Delaware Pacem in Terris Inc reported income of $117k and spending of $187k, spending 161% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $117k (-52%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Pacem in Terris Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within DE. Charities of a similar size with the same main cause include Foundation of the Rotary Club of Hood River ($117k), Society of St Vincent de Paul Baltimore Council Inc ($117k) and Self Help Shop Limited ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $131k. At year end it held assets of $222k against liabilities of $9,989, net assets of $212k. It reported 4 employees.