Inner Peace Homes Incorporated

Analysis

Inner Peace Homes Incorporated is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Inner Peace Homes Incorporated reported income of $408k and spending of $449k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $622k to $408k (-34%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inner Peace Homes Incorporated sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Womens Fund of the Blue Ridge Inc ($408k), Family Support Center of Washington County Utah Incorporated ($408k) and Macon Helps ($408k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $135k. At year end it held assets of $367k against liabilities of $26k, net assets of $341k. It reported 3 employees.