Prophecy Watchers Inc

Analysis

Prophecy Watchers Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Prophecy Watchers Inc reported income of $4.6m and spending of $4.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.6m (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Prophecy Watchers Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Yeshiva Ohr Yitzchak Inc ($4.6m), Ar-Rahman Learning Center Inc ($4.6m) and Benedictine School for Exceptional Children Foundation Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Other salaries and wages came to $718k. At year end it held assets of $2.6m against liabilities of $154k, net assets of $2.4m. It reported 23 employees.