Peace Dale United Housing Inc

Analysis

Peace Dale United Housing Inc is a registered charity in United States, based in Peace Dale, RI. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peace Dale United Housing Inc reported income of $426k and spending of $277k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $426k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 83% 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 Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 63rd percentile within RI. Charities of a similar size with the same main cause include Bowen Family Foundation ($426k), Centerville Band Boosters Inc ($426k) and Edgewater Housing Finance Corporation ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $647k against liabilities of $643k, net assets of $4,520.