Peace Care Inc

Analysis

Peace Care Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peace Care Inc reported income of $185k and spending of $197k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $185k (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peace Care Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Dermatology Managers Association of Georgia ($185k), The Riley Foundation ($185k) and Faith Hope & Love Christian Ministries Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $337k against liabilities of $52k, net assets of $285k.