Peace Drums USA Inc

Analysis

Peace Drums USA Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Drums USA Inc reported income of $100k and spending of $72k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $100k (+14%), an average of +14% a year. Over the whole period it spent 86% 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 Drums USA Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Historical Society of Pottawattamie County ($100k), Kalamazoo Childrens Chorus ($100k) and Scandinavian Park Incorporated NFP ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.