Foundation for Prayerful Living

Analysis

Foundation for Prayerful Living is a registered charity in United States, based in Goodyear, AZ. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Foundation for Prayerful Living reported income of $57k and spending of $56k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $57k (-2.5%), an average of -2.5% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for Prayerful Living sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AZ. Charities of a similar size with the same main cause include Words of Life ($57k), Grac-Life Ministries ($57k) and Matthew 25 ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,416 against liabilities of $351, net assets of $2,065.