Global Peace Alliance Inc
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
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rise-Resource Information Support and Empowerment | Beaumont | $610k |
| Grace Clinic of Yadkin Valley | Elkin | $610k |
| Village Institute Inc | Aurora | $610k |
| Chico Area Council on Aging Inc | Chico | $610k |