World Peace Association

Analysis

World Peace Association is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, World Peace Association reported income of $344k and spending of $745k, spending 216% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $473k to $344k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Peace Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include College Autism Network ($344k), The Center ($344k) and Global Help to Heal Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $307k. At year end it held assets of $14.4m against liabilities of $0, net assets of $14.4m.