Peregrine Ministries International

Analysis

Peregrine Ministries International is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Peregrine Ministries International reported income of $159k and spending of $212k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $220k to $159k (-28%), an average of -6.3% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Peregrine Ministries International sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Rocky Mountain Mennonite Relief Sale ($159k), Christ Child Society of Northern Michigan Inc ($159k) and Silent Blessings Deaf Ministries Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $31k against liabilities of $7,668, net assets of $23k. It reported 2 employees.