Gospa Prayer House Inc

Analysis

Gospa Prayer House Inc is a registered charity in United States, based in North Hills, CA. It received its IRS tax-exemption ruling in October 2015, 11 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, Gospa Prayer House Inc reported income of $275k and spending of $331k, spending 121% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $197k to $275k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospa Prayer House Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Young Leaders International Inc ($275k), Road Church of the Antelope Valley ($275k) and Iglesia de Dios Peniel ($274k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $556k, net assets of $774k.