Greater Houston Prayer Breakfast Inc

Analysis

Greater Houston Prayer Breakfast Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, Greater Houston Prayer Breakfast Inc reported income of $82k and spending of $91k, spending 110% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income grew from $71k to $82k (+16%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Houston Prayer Breakfast Inc 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 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Wiegel Strong Foundation Inc ($82k), Elpis Foundation ($83k) and Elbert Memorial Hospital Foundation Inc ($82k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.