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Encountering Peace

RegisteredEIN 83-0838003Addison, TXReligion
Income$729k2023-12
Spending$497ksame year
Spent / received73%4-year average
Size in its cause88th pctReligion
Exempt since2019Publicly supported organisat
Employees2latest return

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

$0$182k$364k$547k$729k2020 Income: $404,6272020 Spending: $306,47720202021 Income: $510,9212021 Spending: $360,44920212022 Income: $565,4732022 Spending: $455,50220222023 Income: $728,6812023 Spending: $497,4412023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Fhg1 MinistriesAurora$729k
Central Maine Bible ConferenceBrooks$729k
Baptist World Missionary Outreach MinistryChattanooga$728k
Oasis ProductionsChicago$729k