Gregory Frizzell Prayer and Renewal Ministries Inc

Analysis

Gregory Frizzell Prayer and Renewal Ministries Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2001, 25 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, Gregory Frizzell Prayer and Renewal Ministries Inc reported income of $72k and spending of $100k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $72k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gregory Frizzell Prayer and Renewal Ministries Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within OK. Charities of a similar size with the same main cause include Light Work Ministries Inc ($72k), Striving for Eternity a NJ Nonprofit Corporation ($72k) and Follow Hard Ministries ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.