Encountering Peace
Analysis
Encountering Peace is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in January 2019, 7 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 December 2023, Encountering Peace reported income of $729k and spending of $497k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $405k to $729k (+80%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Encountering Peace sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Fhg1 Ministries ($729k), Central Maine Bible Conference ($729k) and Baptist World Missionary Outreach Ministry ($728k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $132k (27% of expenses). At year end it held assets of $591k against liabilities of $0, net assets of $591k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fhg1 Ministries | Aurora | $729k |
| Central Maine Bible Conference | Brooks | $729k |
| Baptist World Missionary Outreach Ministry | Chattanooga | $728k |
| Oasis Productions | Chicago | $729k |