Peace Villa Inc

Analysis

Peace Villa Inc is a registered charity in United States, based in Norwood, MN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Peace Villa Inc reported income of $2.7m and spending of $2.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+10.0%), an average of +2.4% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peace Villa Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Mesa of N Y Inc ($2.7m), Interfaith Community Housing of Delaware Inc ($2.7m) and Navigator Corporation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Other salaries and wages came to $44k. At year end it held assets of $6.6m against liabilities of $6.7m, net assets of -$96k. It reported 3 employees.