Peace House Community

Analysis

Peace House Community is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2023, Peace House Community reported income of $292k and spending of $401k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $292k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace House Community sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Operation Compassion of Mercer County Inc ($292k), Italian Community Center Charitable Foundation of Troy Ny Inc ($292k) and Shepherds Table ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $254k. At year end it held assets of $592k against liabilities of $0, net assets of $592k. It reported 7 employees.