Hannah Prayer Center

Analysis

Hannah Prayer Center is a registered charity in United States, based in Yucaipa, CA. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2022, Hannah Prayer Center reported income of $58k and spending of $47k, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $216k to $58k (-73%), an average of -36% a year. The sharpest change came in the year to June 2020, when income dropped by 49%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hannah Prayer Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Wonderful Garden Buddhist Meditation Center Corporation ($58k), Coshocton Community Choir Inc ($58k) and Project Apoyo Inc ($58k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.6m against liabilities of $245k, net assets of $2.3m.