Peace Haven Association

Analysis

Peace Haven Association is a registered charity in United States, based in Walnut, IA. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Peace Haven Association reported income of $569k and spending of $553k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $572k to $569k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace Haven Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include New Vision Services Inc ($569k), Ottawa County Agricultural Society ($569k) and First Baptist Pre-School of Labelle Inc ($569k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $26k (4.8% of expenses). Other salaries and wages came to $197k. At year end it held assets of $884k against liabilities of $56k, net assets of $827k. It reported 40 employees.