House of Prayer of Jesus Christ

Analysis

House of Prayer of Jesus Christ is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1986, 40 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, House of Prayer of Jesus Christ reported income of $51k and spending of $46k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $60k to $51k (-15%), an average of -7.9% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Prayer of Jesus Christ sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include PTA Texas Congress ($51k), Pennsylvania Association on Probation Parole & Correction ($51k) and Volunteers of America Inc ($51k).

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 $210k against liabilities of $5,318, net assets of $204k.