Prayer House

Analysis

Prayer House is a registered charity in United States, based in Port Richey, FL. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Prayer House reported income of $157k and spending of $144k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $157k (+11%), an average of +11% a year. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Prayer House sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include American Friends of the Episcopal Church of the Sudans ($156k), Knoxville Internationals Network - Kin ($157k) and Three Five Ministries Inc ($156k).

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 $137k against liabilities of $0, net assets of $137k.