Peacepathways

Analysis

Peacepathways is a registered charity in United States, based in Independence, MO. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Peacepathways reported income of $90k and spending of $219k, spending 244% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $138k to $90k (-35%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income rose by 1076%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peacepathways sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MO. Charities of a similar size with the same main cause include Northern New Mexico Regional Art Center ($90k), New Chamber Ballet Inc ($90k) and Portsmouth Murals Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $71k (33% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.3m against liabilities of $8,496, net assets of $1.3m. It reported 7 employees.