Main Street Prayer Center Inc
Analysis
Main Street Prayer Center Inc is a registered charity in United States, based in Madisonville, KY. It received its IRS tax-exemption ruling in December 2009, 17 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, Main Street Prayer Center Inc reported income of $81k and spending of $75k, spending 92% of its income. Over the whole period it spent 231% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Main Street Prayer Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within KY. Charities of a similar size with the same main cause include Crosswave ($81k), Bronx Muslim Center Inc ($81k) and West Japan Mission Inc ($81k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $26k. At year end it held assets of $118k against liabilities of $2,104, net assets of $116k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crosswave | Cary | $81k |
| Bronx Muslim Center Inc | Bronx | $81k |
| West Japan Mission Inc | Warsaw | $81k |
| Abhaya Fellowship | El Cerrito | $81k |