Sleep in Heavenly Peace Inc

Analysis

Sleep in Heavenly Peace Inc is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in November 2014, 12 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 2021, Sleep in Heavenly Peace Inc reported income of $10.6m and spending of $7.6m, leaving 28% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $6.0m to $10.6m (+76%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sleep in Heavenly Peace Inc 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 97th percentile within ID. Charities of a similar size with the same main cause include The Fort Wayne Rescue Mission Ministries Inc ($10.6m), Taconic Innovations Inc ($10.6m) and Excel Development Co Inc ($10.6m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $201k (2.6% of expenses). Other salaries and wages came to $410k. At year end it held assets of $9.2m against liabilities of $69k, net assets of $9.1m. It reported 13 employees.