Pray Hope Believe Foundation

Analysis

Pray Hope Believe Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pray Hope Believe Foundation reported income of $119k and spending of $120k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $119k (-0.3%), an average of -0.3% a year. Over the whole period it spent 141% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pray Hope Believe Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Sisters Schools Foundation Inc ($119k), Foundation for Davies County Public Schools Inc ($119k) and American Constructors Foundation ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $2,622 against liabilities of $0, net assets of $2,622.