Inner Peace for the Children

Analysis

Inner Peace for the Children is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2022, 4 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, Inner Peace for the Children reported income of $615k and spending of $296k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $295k to $615k (+109%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inner Peace for the Children 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 76th percentile within NV. Charities of a similar size with the same main cause include Sisters of Grace Inc ($615k), The Nonprofit Council Inc ($615k) and Technologically Literate Africa Limited ($615k).

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 $389k against liabilities of $13k, net assets of $377k.