House of Peace Inc

Analysis

House of Peace Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, House of Peace Inc reported income of $181k and spending of $151k, spending 84% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $138k to $181k (+31%), an average of +30% a year. The sharpest change came in the year to March 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, House of Peace Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include JTB Goodwill Foundation ($180k), Restless Development USA Inc ($181k) and Sanyuka Childrens Ministries ($180k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.