World Conference Of Religions For Peace Inc
World Conference Of Religions For Peace Inc shows fluctuating revenues and expenses, with recent operational deficits but no reported officer compensation.
EIN: 132671065 · New York, NY · NTEE: Q410 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $4.1M |
| Program Spending | 80% |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is World Conference Of Religions For Peace Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Conference Of Religions For Peace Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Conference Of Religions For Peace Inc
World Conference Of Religions For Peace Inc (EIN: 132671065) is a nonprofit organization based in New York, NY, classified under NTEE code Q410. The organization reported total revenue of $12.6M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Conference Of Religions For Peace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Conference Of Religions For Peace Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-752,924 |
| Total Assets | $8.2M |
| Total Liabilities | $288K |
| Net Assets | $7.9M |
| Operating Margin | -22.3% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2023, World Conference Of Religions For Peace Inc reported a deficit of $753K with expenses exceeding revenue, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), World Conference Of Religions For Peace Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +19.6% | -3.7% |
| 2022 | -25.8% | +23.5% | -17.7% |
| 2021 | +19.8% | +24.3% | +70.7% |
| 2020 | -42.6% | -58.3% | -8.8% |
| 2019 | -2.2% | +93.4% | -31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates World Conference Of Religions For Peace Inc with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, World Conference Of Religions For Peace Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $753K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is a highly positive sign for donor confidence and suggests a strong commitment to mission-driven spending.
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.
Red Flags
The following concerns were identified during AI analysis of World Conference Of Religions For Peace Inc's IRS 990 filings:
- Inconsistent operational deficits (e.g., 2023, 2022, 2017, 2014) where expenses exceeded revenue, potentially indicating reliance on reserves or unstable funding.
Strengths
The following positive indicators were identified for World Conference Of Religions For Peace Inc:
- Consistent 0% officer compensation across all filings, demonstrating high financial transparency and dedication to mission.
- Healthy asset base ($8,890,977 latest, $8,230,006 in 2023) providing financial stability despite operational fluctuations.
- Periods of significant revenue generation (e.g., $6,011,274 in 2018, $5,880,736 in 2019) indicating capacity for fundraising.
Frequently Asked Questions about World Conference Of Religions For Peace Inc
Is World Conference Of Religions For Peace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, World Conference Of Religions For Peace Inc (EIN: 132671065) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does World Conference Of Religions For Peace Inc spend its money?
World Conference Of Religions For Peace Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Conference Of Religions For Peace Inc tax-deductible?
World Conference Of Religions For Peace Inc is registered as a tax-exempt nonprofit (EIN: 132671065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Conference Of Religions For Peace Inc's spending goes to programs?
World Conference Of Religions For Peace Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does World Conference Of Religions For Peace Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), World Conference Of Religions For Peace Inc is above average for NTEE category Q410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Conference Of Religions For Peace Inc located?
World Conference Of Religions For Peace Inc is headquartered in New York, New York and files with the IRS under EIN 132671065. It is classified under NTEE code Q410.
How many years of IRS 990 filings does World Conference Of Religions For Peace Inc have?
World Conference Of Religions For Peace Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.6M in total revenue.
Is World Conference Of Religions For Peace Inc a good charity?
Based on the available data, the organization exhibits strong financial transparency by reporting 0% officer compensation. While it has experienced periods of operational deficits, its substantial asset base and consistent lack of executive pay suggest a commitment to its mission, making it a potentially good charity, though further investigation into program effectiveness would be beneficial.
How has the organization's financial health changed over time?
The organization's financial health has been inconsistent, with revenues and expenses fluctuating significantly. For example, revenue peaked at $6,011,274 in 2018 but dropped to $3,381,723 in 2023. Similarly, expenses have varied, leading to both surpluses (e.g., 2021) and deficits (e.g., 2023, 2022, 2017).
What is the trend in the organization's assets and liabilities?
Assets have generally grown over the decade, reaching a high of $10,383,172 in 2021 before settling at $8,230,006 in 2023. Liabilities have remained relatively low and manageable, ranging from $111,162 in 2015 to $941,071 in 2019, indicating good financial control.
Filing History
IRS 990 filing history for World Conference Of Religions For Peace Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Conference Of Religions For Peace Inc's revenue has declined by 9.6%, moving from $3.7M to $3.4M. Total assets increased by 118.1% over the same period, from $3.8M to $8.2M. Total functional expenses rose by 8.6%, from $3.8M to $4.1M. In its most recent filing year (2023), World Conference Of Religions For Peace Inc reported a deficit of $753K, with expenses exceeding revenue. The organization holds $288K in liabilities against $8.2M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $4.1M | $8.2M | $288K | — | View 990 |
| 2022 | $3.0M | $3.5M | $8.5M | $540K | — | View 990 |
| 2021 | $4.0M | $2.8M | $10.4M | $518K | — | View 990 |
| 2020 | $3.4M | $2.3M | $6.1M | $749K | — | View 990 |
| 2019 | $5.9M | $5.4M | $6.7M | $941K | — | View 990 |
| 2018 | $6.0M | $2.8M | $9.8M | $503K | — | View 990 |
| 2017 | $2.0M | $2.8M | $6.3M | $236K | — | View 990 |
| 2016 | $3.7M | $3.3M | $6.9M | $320K | — | View 990 |
| 2015 | $2.6M | $2.8M | $6.2M | $111K | — | View 990 |
| 2014 | $2.7M | $4.7M | $6.5M | $122K | — | View 990 |
| 2013 | $4.9M | $5.2M | $8.7M | $353K | — | View 990 |
| 2012 | $7.5M | $2.3M | $8.9M | $167K | — | View 990 |
| 2011 | $3.7M | $3.8M | $3.8M | $209K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $4.1M, and assets of $8.2M (revenue +12.7% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.5M, and assets of $8.5M (revenue -25.8% year-over-year).
- 2021: Revenue of $4.0M, expenses of $2.8M, and assets of $10.4M (revenue +19.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.3M, and assets of $6.1M (revenue -42.6% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.4M, and assets of $6.7M (revenue -2.2% year-over-year).
- 2018: Revenue of $6.0M, expenses of $2.8M, and assets of $9.8M (revenue +206.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.8M, and assets of $6.3M (revenue -46.4% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.3M, and assets of $6.9M (revenue +39.4% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.8M, and assets of $6.2M (revenue -3.0% year-over-year).
- 2014: Revenue of $2.7M, expenses of $4.7M, and assets of $6.5M (revenue -45.1% year-over-year).
- 2013: Revenue of $4.9M, expenses of $5.2M, and assets of $8.7M (revenue -34.0% year-over-year).
- 2012: Revenue of $7.5M, expenses of $2.3M, and assets of $8.9M (revenue +99.2% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.8M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Conference Of Religions For Peace Inc:
Data Sources and Methodology
This transparency report for World Conference Of Religions For Peace Inc 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.