Haven of Peace

Analysis

Haven of Peace is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 1976, 50 years ago. 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 February 2023, Haven of Peace reported income of $520k and spending of $470k, spending 90% of its income. Across the 4 years on record, from February 2020 to February 2023, income fell from $615k to $520k (-15%), an average of -5.4% a year. The sharpest change came in the year to February 2022, when income rose by 45%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haven of Peace sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Options for Women Mankato ($520k), International Brotherhood of Elec WKRS Local 325 JNT Apren & Tran TR ($520k) and Canyon Club Inc ($520k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $176k. At year end it held assets of $1.3m against liabilities of $38k, net assets of $1.2m. It reported 17 employees.