Timber Creek House of Prayer Inc

Analysis

Timber Creek House of Prayer Inc is a registered charity in United States, based in Drexel, MO. It received its IRS tax-exemption ruling in April 2000, 26 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, Timber Creek House of Prayer Inc reported income of $574k and spending of $336k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $574k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timber Creek House of Prayer Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Campus Evangelical Fellowship Inc ($574k), Islamic Center of Warren ($574k) and Kristi Overton Johnson Ministries Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $112k (33% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.9m against liabilities of $50k, net assets of $1.8m. It reported 5 employees.