A House of Prayer Faith Missionministries

Analysis

A House of Prayer Faith Missionministries is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, A House of Prayer Faith Missionministries reported income of $193k and spending of $208k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $247k to $193k (-22%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A House of Prayer Faith Missionministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Compassion Causes ($193k), Trinity Counseling Center ($193k) and Comunidad Cristiana Inc ($193k).

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 $356k against liabilities of $0, net assets of $356k.