Peace Creations

Analysis

Peace Creations is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Peace Creations reported income of $193k and spending of $196k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $193k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peace Creations sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Rockingham Council of the Arts Inc ($193k), Welcome Home Veterans Inc ($193k) and Chinese Historical Society of Southern California Inc ($193k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $78k (40% of expenses). At year end it held assets of $1,381 against liabilities of $0, net assets of $1,381.