Family Peace Project Inc

Analysis

Family Peace Project Inc is a registered charity in United States, based in Athens, TX. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Family Peace Project Inc reported income of $124k and spending of $138k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $124k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Family Peace Project Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Ngwa National Association USA Inc ($124k), Exceeds Expectations Inc ($124k) and Martha Ann Womans Club ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $35k (26% of expenses). At year end it held assets of $252k against liabilities of $0, net assets of $252k. It reported 1 employees.