Daily Prayer Ministries Inc

Analysis

Daily Prayer Ministries Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 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 (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, Daily Prayer Ministries Inc reported income of $122k and spending of $125k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $122k (+9.0%), an average of +9.0% a year. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daily Prayer Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within GA. Charities of a similar size with the same main cause include Redemptive Lift Ministries Inc ($122k), Cross Trails Outfitters Inc ($122k) and Abide ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.