Peaceful Paths Inc

Analysis

Peaceful Paths Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Peaceful Paths Inc reported income of $3.6m and spending of $3.8m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.6m (+42%), an average of +9.2% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peaceful Paths Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Mississippi Low-Income Child-Care Initiative ($3.6m), Feast of Justice ($3.6m) and Bread of Life International Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $120k (3.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.3m against liabilities of $512k, net assets of $3.8m. It reported 63 employees.