Ablaze House of Prayer Inc

Analysis

Ablaze House of Prayer Inc is a registered charity in United States, based in Springfield, NE. It received its IRS tax-exemption ruling in July 2018, 8 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 2023, Ablaze House of Prayer Inc reported income of $429k and spending of $210k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $429k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ablaze House of Prayer Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Drug Free Dickson Coalition ($429k), Friends of the Sinai Trust ($429k) and Creation Ministries of the Ozarks Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.4m against liabilities of $48k, net assets of $1.3m.