Praise Nation Worship Center Inc

Analysis

Praise Nation Worship Center Inc is a registered charity in United States, based in Cuba, AL. It received its IRS tax-exemption ruling in February 2018, 8 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, Praise Nation Worship Center Inc reported income of $57k and spending of $48k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $57k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Praise Nation Worship Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within AL. Charities of a similar size with the same main cause include Phu Hau Temple Inc ($57k), Transforming Lives Through Hope ($57k) and Shank Family Ministries Inc ($57k).

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 $87k against liabilities of $0, net assets of $87k.