Transformation Prayer Foundation

Analysis

Transformation Prayer Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2006, 20 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 April 2024, Transformation Prayer Foundation reported income of $60k and spending of $61k, spending 101% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $69k to $60k (-13%), an average of -13% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transformation Prayer Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include Iglesia El Cordero de Dios de Houston ($60k), Cong Dong Cong Giao Viet Nam -Tong Giao Phan Los Angeles ($60k) and Noahs Ministry Inc ($60k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,567 against liabilities of $0, net assets of $1,567.