U S Prayer Track Inc

Analysis

U S Prayer Track Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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, U S Prayer Track Inc reported income of $85k and spending of $87k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $85k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, U S Prayer Track 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 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Master Singers of Milwaukee Inc ($85k), Ma Deuce Deuce ($85k) and Royal Palm Ministries Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1,427 against liabilities of $1,791, net assets of -$364.