Peace & Harmony Foundation Inc

Analysis

Peace & Harmony Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peace & Harmony Foundation Inc reported income of $258k and spending of $247k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $258k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peace & Harmony Foundation Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Carter Memorial Nursery School Inc ($258k), Lotus & Ivy Pods ($258k) and Main Street Steamboat Springs Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Other salaries and wages came to $39k. At year end it held assets of $93k against liabilities of $11k, net assets of $82k. It reported 1 employees.