Home of Peace of Oakland

Analysis

Home of Peace of Oakland is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 1950, 76 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Home of Peace of Oakland reported income of $183k and spending of $208k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $183k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Home of Peace of Oakland sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Al Ansar Society Inc ($183k), Jewish Spiritual Literacy Inc ($183k) and Bible Ministries International ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 24% of the total. Other salaries and wages came to $89k. At year end it held assets of $387k against liabilities of $55k, net assets of $332k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.