Prince of Peace Ministries Inc

Analysis

Prince of Peace Ministries Inc is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Prince of Peace Ministries Inc reported income of $311k and spending of $355k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $391k to $311k (-20%), an average of -5.5% a year. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Prince of Peace Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Nepal Seeds ($311k), Infragard National Members Alliance Inc ($311k) and 20 Liters ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.