Arkansas House of Prayer Inc

Analysis

Arkansas House of Prayer Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in August 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, Arkansas House of Prayer Inc reported income of $282k and spending of $162k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $282k (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arkansas House of Prayer Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include Generation to Generation Network Inc ($282k), 180 Inc ($283k) and Redemption Road Ministries ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $36k (22% of expenses). Other salaries and wages came to $12k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 4 employees.