World Peace Parents

Analysis

World Peace Parents is a registered charity in United States, based in Cottonwood, UT. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, World Peace Parents reported income of $60k and spending of $12k, leaving 79% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $40k to $60k (+50%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 26% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, World Peace Parents sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within UT. Charities of a similar size with the same main cause include Kinetic Minds ($60k), Just Imagine ($60k) and Ski and Board Club at Stratton Inc ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $350k against liabilities of $40k, net assets of $309k.