Peace Tax Foundation Inc

Analysis

Peace Tax Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Peace Tax Foundation Inc reported income of $57k and spending of $41k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $57k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peace Tax Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 12th percentile within DC. Charities of a similar size with the same main cause include Lewisburg Arts Council Inc ($57k), West Ridge Parent Teacher Organization ($57k) and The Lane School Parent-Teacher Organization of Hinsdale ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $15k (36% of expenses). At year end it held assets of $245k against liabilities of $0, net assets of $245k. It reported 1 employees.