Talleres de Oracion Y Vida Prayer and Life Workshops Inc

Analysis

Talleres de Oracion Y Vida Prayer and Life Workshops Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 1993, 33 years ago. 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, Talleres de Oracion Y Vida Prayer and Life Workshops Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Talleres de Oracion Y Vida Prayer and Life Workshops Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Wings Early Childhood Center Inc ($1.5m), Harlequin Productions ($1.5m) and Edvisions Off-Campus Charter School ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Other salaries and wages came to $3,373. At year end it held assets of $793k against liabilities of $0, net assets of $793k.