Peace CDC Inc

Analysis

Peace CDC Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2001, 25 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 (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 CDC Inc reported income of $1.1m and spending of $921k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $816k to $1.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peace CDC Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Portland Tennis and Education ($1.1m), Payette Lakes Ski Club Inc ($1.1m) and Friends of Carrollwood Cultural Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.3% of the total. Other salaries and wages came to $668k. At year end it held assets of $820k against liabilities of $450k, net assets of $369k. It reported 35 employees.