Ad House of Prayer

Analysis

Ad House of Prayer is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ad House of Prayer reported income of $120k and spending of $113k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $120k (+42%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ad House of Prayer sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Keren Zichron Yosef Inc ($120k), Brent Sivnksty Ministries Inc ($120k) and Christian Learning Centers of the ($120k).

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 $45k against liabilities of $0, net assets of $45k.