Underground House of Prayer

Analysis

Underground House of Prayer is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 2001, 25 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, Underground House of Prayer reported income of $206k and spending of $249k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $218k to $206k (-5.4%), an average of -1.4% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Underground House of Prayer sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within SD. Charities of a similar size with the same main cause include Gurdwara Baba Deep Singh Inc ($206k), Fu Yuan Buddhist Center of America ($207k) and Foundation for Spiritual Development ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (22% of expenses). Other salaries and wages came to $101k. At year end it held assets of $78k against liabilities of $793, net assets of $77k. It reported 7 employees.