Haven of Our Lady of Peace Inc

Analysis

Haven of Our Lady of Peace Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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).

In the financial year ending June 2023, Haven of Our Lady of Peace Inc reported income of $10.1m and spending of $13.3m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.8m to $10.1m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Haven of Our Lady of Peace Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Community Development Inc ($10.0m), Desiring God Ministries ($10.1m) and Muslim Community Center Incorporate ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $8.1m against liabilities of $13.7m, net assets of -$5.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.