Shekinah Temple of Praise Inc

Analysis

Shekinah Temple of Praise Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1982, 44 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shekinah Temple of Praise Inc reported income of $87k and spending of $101k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $87k (+85%), an average of +36% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shekinah Temple of Praise Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($87k), Jess Roskelley Foundation ($87k) and Impact Ministry Group Church Planting Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.