Center for Peace Communications Inc

Analysis

Center for Peace Communications Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Center for Peace Communications Inc reported income of $1.5m and spending of $900k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $1.5m (+636%), an average of +65% a year. The sharpest change came in the year to December 2020, when income rose by 214%. Over the whole period it spent 66% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Center for Peace Communications Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Junior Achievement of Central Upstate New York Inc ($1.5m), Lebanese Information Center Inc ($1.5m) and Global Peht Corp ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $395k (44% of expenses). At year end it held assets of $1.5m against liabilities of $45k, net assets of $1.4m. It reported 2 employees.