Unchained Praises

Analysis

Unchained Praises is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in April 2016, 10 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, Unchained Praises reported income of $83k and spending of $66k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $33k to $83k (+154%), an average of +36% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Unchained Praises sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Save the Persecuted Christians Inc ($83k), Heartstream Resources ($83k) and American Friends of KCS Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $37k against liabilities of $1,831, net assets of $35k.