Peace Dale United Church Housing Inc

Analysis

Peace Dale United Church Housing Inc is a registered charity in United States, based in Peace Dale, RI. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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 June 2024, Peace Dale United Church Housing Inc reported income of $1.8m and spending of $1.5m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.8m (+12%), an average of +3.0% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peace Dale United Church Housing Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Westfield Co-Op Nursery School ($1.8m), Spirit of Soccer Inc ($1.8m) and Galesburg Civic Art League Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $411k. At year end it held assets of $3.2m against liabilities of $2.5m, net assets of $688k. It reported 6 employees.