Peace Peloton

Analysis

Peace Peloton is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2021, 5 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 March 2023, Peace Peloton reported income of $178k and spending of $154k, spending 86% of its income. Across the 2 years on record, from December 2021 to March 2023, income grew from $92k to $178k (+94%), an average of +94% a year. The sharpest change came in the year to March 2023, when income rose by 94%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Peace Peloton sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include California Urban Partnership ($178k), Penngrove Social Firemen ($179k) and Kapolei Community Development Corporation ($178k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $101k against liabilities of $2,325, net assets of $99k.