New England Prayer Center Inc

Analysis

New England Prayer Center Inc is a registered charity in United States, based in Easton, CT. It received its IRS tax-exemption ruling in November 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 September 2023, New England Prayer Center Inc reported income of $55k and spending of $41k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $54k to $55k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to September 2022, when income rose by 174%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New England Prayer Center Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include International Church Ministries Inc ($55k), Fredericksburg United Methodist Church Foundation Inc ($55k) and Advancing Inmate Ministry Inc ($55k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.