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Peace Home Michigan Inc

RegisteredEIN 82-2333457Southfield, MIPoverty relief
Income$196k2023-12
Spending$170ksame year
Spent / received91%6-year average
Size in its cause48th pctPoverty relief
Exempt since2018Publicly supported organisat
Employees3latest return

Analysis

Peace Home Michigan Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Peace Home Michigan Inc reported income of $196k and spending of $170k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $500 to $196k (+39020%), an average of +230% a year. The sharpest change came in the year to December 2019, when income rose by 16916%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peace Home Michigan Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Generations Child Care Working Hand in Hand ($196k), Serving Hands Ministries Inc ($196k) and Lita Love Is the Answer ($196k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 3 employees.

Income and spending

$0$49k$98k$147k$196k2018 Income: $5002018 Spending: $20020182019 Income: $85,0782019 Spending: $95,53720192020 Income: $175,5332020 Spending: $147,66520202021 Income: $139,1092021 Spending: $134,21720212022 Income: $188,8702022 Spending: $163,90820222023 Income: $195,6002023 Spending: $169,8862023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Generations Child Care Working Hand in HandWillow Grove$196k
Serving Hands Ministries IncGoshen$196k
Lita Love Is the AnswerSan Rafael$196k
The Massachusetts Association for Adult Day Health Services IncBoston$196k