Grace Contrino Abrams Peace Education Foundation Inc

Analysis

Grace Contrino Abrams Peace Education Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 1983, 43 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, Grace Contrino Abrams Peace Education Foundation Inc reported income of $380k and spending of $708k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $564k to $380k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grace Contrino Abrams Peace Education Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include International Congress of Infant Studies Inc ($380k), Marion YMCA Endowment Fund Inc ($380k) and Mutual Housing Association of New York Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $346k (49% of expenses). Other salaries and wages came to $84k. At year end it held assets of $13.8m against liabilities of $62k, net assets of $13.8m. It reported 4 employees.