Peace Islands Institute Inc

Analysis

Peace Islands Institute Inc is a registered charity in United States, based in Elmwood Park, NJ. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2021, Peace Islands Institute Inc reported income of $227k and spending of $214k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $74k to $227k (+208%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 175% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peace Islands Institute Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Ephraim Yacht Club ($226k), Pierce County Touchdown Club Inc ($227k) and Sleepy Hollow Sea Lions Inc ($226k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $69k. At year end it held assets of $255k against liabilities of $190k, net assets of $66k. It reported 1 employees.