Peacehaven Farm Inc
Analysis
Peacehaven Farm Inc is a registered charity in United States, based in Whitsett, NC. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Peacehaven Farm Inc reported income of $1.9m and spending of $1.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $1.9m (+213%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 218%. Over the whole period it spent 68% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peacehaven Farm Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Mending the Soul Ministries Inc ($1.9m), Everyones Counseling Center Inc ($1.9m) and Minds in Motion Initiative ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $165k (11% of expenses). Other salaries and wages came to $455k. At year end it held assets of $5.8m against liabilities of $274k, net assets of $5.5m. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 7.0%
- Other 6.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mending the Soul Ministries Inc | Wilsonville | $1.9m |
| Everyones Counseling Center Inc | Orlando | $1.9m |
| Minds in Motion Initiative | Salem | $1.9m |
| Access Institute for Psychological Services | San Francisco | $1.9m |