Our Lady of Peace Inc

Analysis

Our Lady of Peace Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2024, Our Lady of Peace Inc reported income of $12.6m and spending of $10.7m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.5m to $12.6m (+9.5%), an average of +2.3% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Our Lady of Peace Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Affordable Housing Alliance Inc ($12.6m), Caring Incorporated ($12.6m) and Provident Commonwealth Education Resources ($12.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Other salaries and wages came to $5.5m. At year end it held assets of $16.3m against liabilities of $1.3m, net assets of $15.1m. It reported 167 employees.