Peace Corps Foundation
Peace Corps Foundation shows strong financial growth and efficient spending with no reported officer compensation.
EIN: 10554700 · Washingon, DC · NTEE: A80 · Updated: 2026-03-28
Is Peace Corps Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peace Corps Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peace Corps Foundation
Peace Corps Foundation (EIN: 10554700) is a nonprofit organization based in Washingon, DC, classified under NTEE code A80. The organization reported total revenue of $2.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peace Corps Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peace Corps Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Peace Corps Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly favorable, suggesting that all funds are directed towards the organization's mission and operational costs, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Peace Corps Foundation:
- Strong program spending efficiency, with expenses consistently much lower than revenue.
- Significant growth in revenue and assets over the past five years, indicating financial stability and increasing capacity.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards the mission.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent financial reporting over nine periods, suggesting good governance and transparency.
Frequently Asked Questions about Peace Corps Foundation
Is Peace Corps Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peace Corps Foundation (EIN: 10554700) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Peace Corps Foundation spend its money?
Peace Corps Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peace Corps Foundation tax-deductible?
Peace Corps Foundation is registered as a tax-exempt nonprofit (EIN: 10554700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Peace Corps Foundation a good charity?
Based on the provided data, Peace Corps Foundation appears to be a very good charity. It demonstrates strong financial health, efficient spending (expenses are consistently much lower than revenue, especially in recent years), and a commitment to its mission as evidenced by 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown substantially from $93,685 in 2020 to $1,007,306 in 2023, and assets have increased from $370,285 in 2020 to $1,901,882 in 2023, indicating robust growth and financial stability.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency. For example, in 2023, expenses were $292,129 against revenue of $1,007,306, meaning only about 29% of revenue was spent. This suggests a significant portion of funds are retained or invested, contributing to asset growth.
Filing History
IRS 990 filing history for Peace Corps Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Peace Corps Foundation's revenue has grown by 397.5%, moving from $202K to $1.0M. Total assets increased by 1266.5% over the same period, from $139K to $1.9M. Total functional expenses rose by 175.6%, from $106K to $292K. In its most recent filing year (2023), Peace Corps Foundation reported a surplus of $715K, with revenue exceeding expenses. The organization holds $78K in liabilities against $1.9M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $292K | $1.9M | $78K | — | View 990 |
| 2022 | $280K | $51K | $1.2M | $68K | — | View 990 |
| 2021 | $463K | $14K | $884K | $5K | — | View 990 |
| 2020 | $94K | $6K | $370K | $0 | — | — |
| 2019 | $185K | $3K | $282K | $0 | — | View 990 |
| 2018 | $90K | $87K | $101K | $0 | — | View 990 |
| 2017 | $133K | $158K | $97K | $0 | — | View 990 |
| 2016 | $115K | $132K | $122K | $0 | — | View 990 |
| 2015 | $202K | $106K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $292K, and assets of $1.9M (revenue +259.3% year-over-year).
- 2022: Revenue of $280K, expenses of $51K, and assets of $1.2M (revenue -39.5% year-over-year).
- 2021: Revenue of $463K, expenses of $14K, and assets of $884K (revenue +394.6% year-over-year).
- 2020: Revenue of $94K, expenses of $6K, and assets of $370K (revenue -49.5% year-over-year).
- 2019: Revenue of $185K, expenses of $3K, and assets of $282K (revenue +105.5% year-over-year).
- 2018: Revenue of $90K, expenses of $87K, and assets of $101K (revenue -32.0% year-over-year).
- 2017: Revenue of $133K, expenses of $158K, and assets of $97K (revenue +15.3% year-over-year).
- 2016: Revenue of $115K, expenses of $132K, and assets of $122K (revenue -43.2% year-over-year).
- 2015: Revenue of $202K, expenses of $106K, and assets of $139K.
Data Sources and Methodology
This transparency report for Peace Corps Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.