Cleveland House of Prayer

Analysis

Cleveland House of Prayer is a registered charity in United States, based in Olmsted TWP, OH. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cleveland House of Prayer reported income of $59k and spending of $60k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $59k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cleveland House of Prayer sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Merryman Ministries ($59k), Mission Fuel Inc ($59k) and Trinity Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $2,181 against liabilities of $0, net assets of $2,181.