Queen of Peace Missionary Associates Inc

Analysis

Queen of Peace Missionary Associates Inc is a registered charity in United States, based in Palisades PK, NJ. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Queen of Peace Missionary Associates Inc reported income of $339k and spending of $336k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $339k (+209%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Queen of Peace Missionary Associates Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Peak Lab Rescue Inc ($339k), Shadow on the Water Inc ($339k) and New Person Ministries Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of $93k. It reported 2 employees.