Paul Lee Tan Prophetic Ministries

Analysis

Paul Lee Tan Prophetic Ministries is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1997, 29 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 2022, Paul Lee Tan Prophetic Ministries reported income of $120k and spending of $84k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2018 to December 2022, income fell from $531k to $120k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 140% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paul Lee Tan Prophetic Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Home Encouragement Ministries Inc ($120k), Mary M Nietzel Trust ($120k) and Latin America Training Network Inc ($120k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 16% of the total. At year end it held assets of $137k against liabilities of $37, net assets of $137k.