Our Lady Queen of Peace House of Prayer

Analysis

Our Lady Queen of Peace House of Prayer is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Our Lady Queen of Peace House of Prayer reported income of $2.2m and spending of $639k, leaving 72% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.3m to $2.2m (-2.7%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Our Lady Queen of Peace House of Prayer 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 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Iran Alive Ministries Inc ($2.2m), Erie United Methodist Alliance ($2.2m) and Presbyterian Frontier Fellowship ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% of the total. At year end it held assets of $8.6m against liabilities of $8,547, net assets of $8.5m.