Our Lady of Peace

Analysis

Our Lady of Peace is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in October 2016, 10 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, Our Lady of Peace reported income of $11.1m and spending of $12.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $11.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Lady of Peace sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Jewish Home Assisted Living ($11.1m), Keren Hatzedaka Inc ($11.1m) and Network of Community Options Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $372k (3.0% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $30.6m against liabilities of $1.4m, net assets of $29.2m. It reported 173 employees.