Greater Toledo House of Prayer

Analysis

Greater Toledo House of Prayer is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in October 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 June 2024, Greater Toledo House of Prayer reported income of $68k and spending of $93k, spending 137% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $248k to $68k (-73%), an average of -48% a year. The sharpest change came in the year to June 2024, when income dropped by 68%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Toledo House of Prayer sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Global Commerce Network ($68k), Epworth Center ($68k) and Asian American Leadership Center ($68k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $434k against liabilities of $462, net assets of $434k.