Mother of Incarnate Wisdom House of Prayer Inc

Analysis

Mother of Incarnate Wisdom House of Prayer Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Mother of Incarnate Wisdom House of Prayer Inc reported income of $222k and spending of $243k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $152k to $222k (+46%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mother of Incarnate Wisdom House of Prayer Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Ministerio Gloria de Sion Inc ($222k), Goodnews Outreach Go Inc ($222k) and Ministerio Intl Adonai ($222k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 54% of the total. At year end it held assets of $440k against liabilities of $2,071, net assets of $438k.