Peace by Believing Ministries
Peace by Believing Ministries is a private foundation, based in Houston, TX. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it made $988K in qualifying distributions.
Peace by Believing Ministries at a glance
- Total assets
- $1,555,956
- +185.2% vs 2024
- Revenue (2025)
- $1,023,356
- +295.4% vs 2024
- Qualifying distributions (2025)
- $988,400
- +51112.4% vs 2024
- Expenses (2025)
- $12,987
- +572.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|
| 2025 | $1,555,956 | $1,023,356 | $12,987 | $988,400 | $393 |
| 2024 | $545,587 | $258,830 | $1,930 | $1,930 | — |
Under IRS private-foundation payout rules, Peace by Believing Ministries reported a distributable amount of $393 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Peace by Believing Ministries is led by Joel Redmond, President on every filing since 2024; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joel Redmond
President
On filings since 2024
10 hrs/week
No compensation reported
Bobby Grimes
Director
On filings since 2024
1 hr/week
No compensation reported
Charles Langford
Director
On filings since 2024
1 hr/week
No compensation reported
Cliff Knight
Director
On filings since 2024
1 hr/week
No compensation reported
Robert White
Director
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Peace by Believing Ministries
How large is Peace by Believing Ministries?
Peace by Believing Ministries reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $988K in qualifying distributions that year, against a required minimum of $393 (roughly 5% of its investment assets).
What is Peace by Believing Ministries's EIN?
Peace by Believing Ministries's EIN (Employer Identification Number) is 20-8075172. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 21, 2026)
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