National Day of Prayer Task Force

Analysis

National Day of Prayer Task Force is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 1986, 40 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 September 2023, National Day of Prayer Task Force reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.5m (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Day of Prayer Task Force 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 83rd percentile within CO. Charities of a similar size with the same main cause include The North Carolina Public Television Foundation Inc ($1.5m), Community Country Day School ($1.5m) and Place Dubourg Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $106k (7.6% of expenses). Other salaries and wages came to $178k. It paid $69k in professional fundraising fees. At year end it held assets of $501k against liabilities of $86k, net assets of $415k. It reported 4 employees.