House of Peace Ministries

Analysis

House of Peace Ministries is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, House of Peace Ministries reported income of $94k and spending of $72k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $94k (+5.1%), an average of +5.1% a year. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House of Peace Ministries sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Tse Koo Housing Corporation ($94k), Friends Center City Retirement Community ($94k) and Southeast Oklahoma Community Development Corporation ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.