The Pray Family Foundation
Analysis
The Pray Family Foundation is a registered charity in United States, based in Seekonk, MA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, The Pray Family Foundation reported income of $170k and spending of $126k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $170k (+12%), an average of +12% a year. Over the whole period it spent 108% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Pray Family Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Finley Forever Foundation ($170k), NMF Housing IV ($170k) and Ann Steffens Scleroderma Research Foundation Inc ($170k).
At year end it held assets of $225k against liabilities of $0, net assets of $225k.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Finley Forever Foundation | New Lenox | $170k |
| NMF Housing IV | Austin | $170k |
| Ann Steffens Scleroderma Research Foundation Inc | Wells | $170k |
| Hope for West Africa Foundation Inc | Baltimore | $170k |