River Phoenix Center for Peace Building Inc

Analysis

River Phoenix Center for Peace Building Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, River Phoenix Center for Peace Building Inc reported income of $344k and spending of $362k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $369k to $344k (-6.8%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River Phoenix Center for Peace Building Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Three Rivers Development Foundation Inc ($344k), Reckoning International ($344k) and Campbell County Firefighters Education Association Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $84k (23% of expenses). Other salaries and wages came to $162k. At year end it held assets of $168k against liabilities of $2,442, net assets of $166k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.