Pastors in Prayer Ministry Inc

Analysis

Pastors in Prayer Ministry Inc is a registered charity in United States, based in Roanoke, IN. It received its IRS tax-exemption ruling in September 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pastors in Prayer Ministry Inc reported income of $117k and spending of $78k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $91k to $117k (+29%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pastors in Prayer Ministry Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Little League Baseball Inc ($117k), PTA California Congress of Parents Teachers & Students Inc ($117k) and Indiana Speech Language Hearing Association Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.