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Called to Peace Ministries Inc

RegisteredEIN 81-3366281Wake Forest, NCReligion
Income$804k2023-06
Spending$824ksame year
Spent / received95%3-year average
Size in its cause89th pctReligion
Exempt since2016Publicly supported organisat
Employees9latest return

Analysis

Called to Peace Ministries Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Called to Peace Ministries Inc reported income of $804k and spending of $824k, spending 103% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $298k to $804k (+169%), an average of +64% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Called to Peace Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Jewish Student Enrichment Center Inc ($804k), Tall Timber Ranch ($804k) and Healing Music Incorporated ($803k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 29% of the total. Other salaries and wages came to $349k. At year end it held assets of $191k against liabilities of $7,891, net assets of $184k. It reported 9 employees.

Income and spending

$0$206k$412k$618k$824k2021 Income: $298,3532021 Spending: $235,66620212022 Income: $594,4212022 Spending: $544,74220222023 Income: $803,9302023 Spending: $824,1962023
IncomeSpending

Where the income comes from

  • Contributions & grants 62%
  • Program services 29%
  • Other 9.6%

Similar-sized charities, same cause

CharityLocationIncome
Jewish Student Enrichment Center IncHaverford$804k
Tall Timber RanchLeavenworth$804k
Healing Music IncorporatedOoltewah$803k
Linwood Property IncKansas City$804k