Peniel Ministries

Analysis

Peniel Ministries is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Peniel Ministries reported income of $848k and spending of $795k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $848k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Peniel Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Building Resilient Communities ($847k), Yekirei Hatzalah Yehuda and Shomron Inc ($849k) and Presentation Ministries Inc ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $65k (8.1% of expenses). Other salaries and wages came to $261k. At year end it held assets of $2.5m against liabilities of $138k, net assets of $2.4m. It reported 14 employees.