Haven of Peace Inc

Analysis

Haven of Peace Inc is a registered charity in United States, based in Owego, NY. It received its IRS tax-exemption ruling in November 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Haven of Peace Inc reported income of $158k and spending of $196k, spending 124% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $935k to $158k (-83%), an average of -83% a year. The sharpest change came in the year to December 2020, when income dropped by 83%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Haven of Peace Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Bible Related Ministries ($158k), Gods Outreach Inc ($158k) and R U Red E Ministries Inc ($158k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 70% of the total. Compensation of current officers, directors and key employees was $96k (49% of expenses). Other salaries and wages came to $20k. At year end it held assets of $647k against liabilities of $8,233, net assets of $638k. It reported 32 employees.