Hands for Peacemaking Foundation

Analysis

Hands for Peacemaking Foundation is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Hands for Peacemaking Foundation reported income of $403k and spending of $404k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $403k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hands for Peacemaking Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($403k), Leadership Anne Arundel Inc ($403k) and Scriba Volunteer Fire Corp ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $30k (7.4% of expenses). Other salaries and wages came to $111k. It paid $10 in professional fundraising fees. At year end it held assets of $525k against liabilities of $131k, net assets of $394k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.