Peace Home Michigan Inc
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
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Generations Child Care Working Hand in Hand | Willow Grove | $196k |
| Serving Hands Ministries Inc | Goshen | $196k |
| Lita Love Is the Answer | San Rafael | $196k |
| The Massachusetts Association for Adult Day Health Services Inc | Boston | $196k |