House Of Peace Ministries is located in Lexington, SC. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Peace Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, House Of Peace Ministries generated $89.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $74.0k during the year ending 12/2022. While expenses have increased by 37.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FAITH BASED TRANSITIONAL HOUSING TO THOSE IN NEED. RESIDENTS ARE TO STAY DRUG AND ALCOHOL FREE AS WELL AS PARTICIPATE IN CHURCH ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Matthews Director | 4 | $0 | |
Prasanna Eswara Director And Vice President | 4 | $0 | |
Carleton C Stevens Director And Treasurer | 4 | $0 | |
Arthur DE Genanro Director And President | 4 | $0 | |
Richard Richardson Director | 4 | $0 | |
Richard Krause Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,801 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,487 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,995 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $58,765 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,279 |
| Total expenses | $74,039 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,702 |
| Other assets | $0 |
| Total assets | $17,702 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,702 |