Family Peace Center

Analysis

Family Peace Center is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in July 2019, 7 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 2022, Family Peace Center reported income of $354k and spending of $56k, leaving 84% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $222k to $354k (+59%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Peace Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Downers Grove Area Fish Inc ($354k), American Friends of Likud Inc ($354k) and Clarke County Development Foundation ($354k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 0.5% of the total. At year end it held assets of $545k against liabilities of $0, net assets of $545k.