Peace by Piece NJ Inc

Analysis

Peace by Piece NJ Inc is a registered charity in United States, based in Sparta, NJ. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 by Piece NJ Inc reported income of $607k and spending of $537k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $193k to $607k (+214%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace by Piece NJ Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Ardellas House Inc ($607k), Drift Magazine Foundation Inc ($607k) and Vital Solutions ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $107k (20% of expenses). Other salaries and wages came to $173k. At year end it held assets of $207k against liabilities of $34k, net assets of $173k. It reported 3 employees.