Land Peace Foundation

Analysis

Land Peace Foundation is a registered charity in United States, based in Monroe, ME. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Land Peace Foundation reported income of $688k and spending of $595k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.0m to $688k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Land Peace Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Parents and Community for Kids ($688k), Poe Foundation Inc ($688k) and Friends of South Louisiana Wetlands Discovery Foundation ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $125k (21% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.8m against liabilities of $288k, net assets of $1.5m. It reported 10 employees.