Peace Dale United Housing Inc
Peace Dale United Housing Inc: Consistent Revenue, Declining Assets, and High Program Spending
EIN: 222537948 · Peace Dale, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $395K |
| Total Expenses | $277K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $5K |
| Transparency Score | 75/100 |
Is Peace Dale United Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peace Dale United Housing Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peace Dale United Housing Inc
Peace Dale United Housing Inc (EIN: 222537948) is a nonprofit organization based in Peace Dale, RI. The organization reported total revenue of $395K and total assets of $589K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peace Dale United Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peace Dale United Housing Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $426K |
| Total Expenses | $277K |
| Surplus / Deficit | +$149K |
| Total Assets | $647K |
| Total Liabilities | $643K |
| Net Assets | $5K |
| Operating Margin | 34.9% |
| Debt-to-Asset Ratio | 99.3% |
| Months of Reserves | 28.0 months |
Financial Health Grade: A
In 2023, Peace Dale United Housing Inc reported a surplus of $149K with revenue exceeding expenses, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 99.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Peace Dale United Housing Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.5% | -3.8% | +10.8% |
| 2022 | +1.9% | -1.9% | -5.7% |
| 2021 | +8.0% | +14.0% | -8.0% |
| 2020 | +1.0% | -7.0% | -2.0% |
| 2019 | +1.8% | +0.9% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peace Dale United Housing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Peace Dale United Housing Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $149K, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation is not reported in this section.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Peace Dale United Housing Inc's IRS 990 filings:
- Consistent decline in total assets from $805,649 in 2016 to $589,251 in 2023, raising questions about long-term financial stability.
- Lack of detailed information regarding program service accomplishments and the number of individuals served.
- The consistent reporting of $0 for executive compensation across all years may warrant further investigation to understand the leadership structure and how key personnel are compensated, if at all.
Strengths
The following positive indicators were identified for Peace Dale United Housing Inc:
- Consistently high percentage of expenses dedicated to programs, indicating a strong focus on mission delivery.
- Stable revenue streams over the past several years, with revenue increasing from $273,148 in 2016 to $394,764 in 2023.
- Low administrative and fundraising costs, suggesting efficient operations.
Frequently Asked Questions about Peace Dale United Housing Inc
Is Peace Dale United Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peace Dale United Housing Inc (EIN: 222537948) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Peace Dale United Housing Inc spend its money?
Peace Dale United Housing Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peace Dale United Housing Inc tax-deductible?
Peace Dale United Housing Inc is registered as a tax-exempt nonprofit (EIN: 222537948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Peace Dale United Housing Inc CEO make?
Peace Dale United Housing Inc's highest-compensated officer earns $0 annually. The organization reported $395K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Peace Dale United Housing Inc's spending goes to programs?
Peace Dale United Housing Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Peace Dale United Housing Inc located?
Peace Dale United Housing Inc is headquartered in Peace Dale, Rhode Island and files with the IRS under EIN 222537948.
How many years of IRS 990 filings does Peace Dale United Housing Inc have?
Peace Dale United Housing Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $395K in total revenue.
What does Peace Dale United Housing Inc do?
Peace Dale United Housing Inc is a nonprofit organization in the Unknown sector, located in Peace Dale, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Peace Dale United Housing Inc have?
Peace Dale United Housing Inc reported total revenue of $394,764. Based on 13 IRS 990 filings on record.
What are Peace Dale United Housing Inc's total assets?
Peace Dale United Housing Inc holds total assets of $589,251 as reported in IRS 990 filings.
Where is Peace Dale United Housing Inc located?
Peace Dale United Housing Inc is based in Peace Dale, Rhode Island.
What is Peace Dale United Housing Inc's EIN?
Peace Dale United Housing Inc's Employer Identification Number (EIN) is 222537948. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Peace Dale United Housing Inc?
Peace Dale United Housing Inc is classified under NTEE code Unknown (Unknown).
Is Peace Dale United Housing Inc a registered 501(c)(3)?
Peace Dale United Housing Inc appears in IRS records (EIN: 222537948). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Peace Dale United Housing Inc file IRS Form 990?
Yes, Peace Dale United Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Peace Dale United Housing Inc's revenue in 2023?
In the 202312 filing period, Peace Dale United Housing Inc reported total revenue of $425,565, total expenses of $277,060, and net assets of $647,080.
Is Peace Dale United Housing Inc's revenue growing or declining?
Peace Dale United Housing Inc's revenue is growing. Revenue went from $328,583 (202212) to $425,565 (202312), a +29.5% change. Based on 13 filings on record.
What is Peace Dale United Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Peace Dale United Housing Inc covers tax period 202312. It shows revenue of $425,565, expenses of $277,060, total assets of $647,080, and liabilities of $642,560.
How much does Peace Dale United Housing Inc spend on programs vs administration?
Based on IRS 990 analysis, Peace Dale United Housing Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Peace Dale United Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Peace Dale United Housing Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Peace Dale United Housing Inc?
The following concerns were identified: Consistent decline in total assets from $805,649 in 2016 to $589,251 in 2023, raising questions about long-term financial stability.. Lack of detailed information regarding program service accomplishments and the number of individuals served.. The consistent reporting of $0 for executive compensation across all years may warrant further investigation to understand the leadership structure and how key personnel are compensated, if at all.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Peace Dale United Housing Inc's strengths?
Positive indicators for Peace Dale United Housing Inc include: Consistently high percentage of expenses dedicated to programs, indicating a strong focus on mission delivery.. Stable revenue streams over the past several years, with revenue increasing from $273,148 in 2016 to $394,764 in 2023.. Low administrative and fundraising costs, suggesting efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Peace Dale United Housing Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation is not reported in this section. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent decline in total assets, how does Peace Dale United Housing Inc plan to maintain or expand its housing initiatives in the long term?
The provided data does not offer specific plans, but the trend suggests a need for strategic financial planning to address asset depreciation or depletion, especially for a housing-focused organization.
What specific housing programs or services does Peace Dale United Housing Inc provide, and what is their impact on the community?
The available data does not detail specific programs or their impact, making it difficult to assess the direct benefits to the community beyond the general mission of housing.
Filing History
IRS 990 filing history for Peace Dale United Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Peace Dale United Housing Inc's revenue has grown by 60.7%, moving from $265K to $426K. Total assets decreased by 34.4% over the same period, from $986K to $647K. Total functional expenses rose by 4.9%, from $264K to $277K. In its most recent filing year (2023), Peace Dale United Housing Inc reported a surplus of $149K, with revenue exceeding expenses. The organization holds $643K in liabilities against $647K in assets (debt-to-asset ratio: 99.3%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $426K | $277K | $647K | $643K | — | View 990 |
| 2022 | $329K | $288K | $584K | $728K | — | — |
| 2021 | $322K | $294K | $619K | $804K | — | View 990 |
| 2020 | $298K | $257K | $673K | $886K | — | View 990 |
| 2019 | $295K | $277K | $687K | $941K | — | View 990 |
| 2018 | $290K | $275K | $731K | $1.0M | — | View 990 |
| 2017 | $291K | $299K | $754K | $1.0M | — | View 990 |
| 2016 | $273K | $279K | $806K | $1.1M | — | View 990 |
| 2015 | $270K | $266K | $857K | $1.1M | — | View 990 |
| 2014 | $266K | $278K | $888K | $1.2M | — | View 990 |
| 2013 | $267K | $270K | $929K | $1.2M | — | View 990 |
| 2012 | $272K | $277K | $969K | $1.2M | — | View 990 |
| 2011 | $265K | $264K | $986K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $426K, expenses of $277K, and assets of $647K (revenue +29.5% year-over-year).
- 2022: Revenue of $329K, expenses of $288K, and assets of $584K (revenue +1.9% year-over-year).
- 2021: Revenue of $322K, expenses of $294K, and assets of $619K (revenue +8.0% year-over-year).
- 2020: Revenue of $298K, expenses of $257K, and assets of $673K (revenue +1.0% year-over-year).
- 2019: Revenue of $295K, expenses of $277K, and assets of $687K (revenue +1.8% year-over-year).
- 2018: Revenue of $290K, expenses of $275K, and assets of $731K (revenue -0.2% year-over-year).
- 2017: Revenue of $291K, expenses of $299K, and assets of $754K (revenue +6.5% year-over-year).
- 2016: Revenue of $273K, expenses of $279K, and assets of $806K (revenue +1.4% year-over-year).
- 2015: Revenue of $270K, expenses of $266K, and assets of $857K (revenue +1.2% year-over-year).
- 2014: Revenue of $266K, expenses of $278K, and assets of $888K (revenue -0.3% year-over-year).
- 2013: Revenue of $267K, expenses of $270K, and assets of $929K (revenue -1.7% year-over-year).
- 2012: Revenue of $272K, expenses of $277K, and assets of $969K (revenue +2.6% year-over-year).
- 2011: Revenue of $265K, expenses of $264K, and assets of $986K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peace Dale United Housing Inc:
Data Sources and Methodology
This transparency report for Peace Dale United Housing Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.