Salem House of Prayer

Analysis

Salem House of Prayer is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in July 2010, 16 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, Salem House of Prayer reported income of $207k and spending of $237k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $207k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Salem House of Prayer sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Auburn Grace Chinese Christian Church ($207k), Len Ministries Inc ($207k) and Rahma Center of Charlotte Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $81k (34% of expenses). At year end it held assets of $43k against liabilities of $826, net assets of $42k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.