Peaceful Pastures Housing Inc

Analysis

Peaceful Pastures Housing Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in September 1984, 42 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, Peaceful Pastures Housing Inc reported income of $922k and spending of $897k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $829k to $922k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peaceful Pastures Housing Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include The Home Ownership Center of Greater Cincinnati Inc ($922k), Lutheran Housing Services Inc ($923k) and Midland Visions 2000 ($921k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $161k. At year end it held assets of $1.7m against liabilities of $2.4m, net assets of -$667k. It reported 5 employees.