Congressional Prayer Caucus Foundation Inc

Analysis

Congressional Prayer Caucus Foundation Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in March 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 December 2023, Congressional Prayer Caucus Foundation Inc reported income of $1.6m and spending of $1.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.6m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congressional Prayer Caucus Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Rough Acres Foundation Inc ($1.6m), El Shaddai Dwxi-Prayer Partners Foundation International ($1.6m) and Zion Prayer Movement Outreach USA ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $185k. At year end it held assets of $146k against liabilities of $70k, net assets of $76k. It reported 5 employees.