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Global Peace Alliance Inc

RegisteredEIN 87-2283189Lexington, KYPoverty relief
Income$610k2023-12
Spending$1.1msame year
Spent / received76%2-year average
Size in its cause68th pctPoverty relief
Exempt since2022Supporting organisation (typ
Employees0latest return

Analysis

Global Peace Alliance Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Peace Alliance Inc reported income of $610k and spending of $1.1m, spending 173% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.6m to $610k (-76%), an average of -76% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Peace Alliance Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Rise-Resource Information Support and Empowerment ($610k), Grace Clinic of Yadkin Valley ($610k) and Village Institute Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $756k against liabilities of $0, net assets of $756k.

Income and spending

$0$640k$1.3m$1.9m$2.6m2022 Income: $2,559,5242022 Spending: $1,362,15520222023 Income: $610,0002023 Spending: $1,056,0002023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Rise-Resource Information Support and EmpowermentBeaumont$610k
Grace Clinic of Yadkin ValleyElkin$610k
Village Institute IncAurora$610k
Chico Area Council on Aging IncChico$610k