House of Prayer Ministries International

Analysis

House of Prayer Ministries International is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in November 2015, 11 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, House of Prayer Ministries International reported income of $73k and spending of $106k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $73k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Prayer Ministries International sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Spirit Ministries Incorporated ($73k), Judah Temple Ministries Inc ($73k) and Multiply Equip Impact Inc ($73k).

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 $2,550 against liabilities of $244k, net assets of -$241k.