Peace Islands Institute Pennsylvania

Analysis

Peace Islands Institute Pennsylvania is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Islands Institute Pennsylvania reported income of $168k and spending of $184k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $168k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peace Islands Institute Pennsylvania sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Rotary Club of Northfield ($168k), Phoenix Zones Initiative ($168k) and Livin Room ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $8,667 against liabilities of $444, net assets of $8,223.