House of Prayer Iglesia Casa de Oracion de Aic

Analysis

House of Prayer Iglesia Casa de Oracion de Aic is a registered charity in United States, based in Central Islip, NY. It received its IRS tax-exemption ruling in February 2018, 8 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 Iglesia Casa de Oracion de Aic reported income of $173k and spending of $160k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $173k (-14%), an average of -14% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Prayer Iglesia Casa de Oracion de Aic sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Iglesia Pentecostal Maranatha Inc ($173k), Fort Owen Ranch Foundation ($173k) and Torah 24 Inc ($173k).

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 $419k against liabilities of $0, net assets of $419k.