Praise and Proclaim Ministries Corporation

Analysis

Praise and Proclaim Ministries Corporation is a registered charity in United States, based in Ellensburg, WA. It received its IRS tax-exemption ruling in January 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, Praise and Proclaim Ministries Corporation reported income of $137k and spending of $141k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $137k (+6.5%), an average of +6.5% 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, Praise and Proclaim Ministries Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Life Changing Global Ministry Inc ($137k), Athens Prayer Network Inc ($137k) and Muslim Community Center of Union County Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.