Prayer and City Transformation Consulting

Analysis

Prayer and City Transformation Consulting is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Prayer and City Transformation Consulting reported income of $112k and spending of $113k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $112k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prayer and City Transformation Consulting 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 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Faith Home Restoration Inc ($112k), Aiken County Residential Services Inc ($112k) and Southeastern Appalachian Rural Alliance Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $2,224, net assets of $78k.