Peniel Mission Inc

Analysis

Peniel Mission Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in May 2003, 23 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, Peniel Mission Inc reported income of $165k and spending of $208k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $165k (+14%), an average of +14% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peniel Mission Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include In Jerrys Footsteps ($165k), Horse & Petting Pal Interaction Inc ($165k) and Communiity Connnection Allies ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $20k, net assets of $31k.