World Prayer Centre USA

Analysis

World Prayer Centre USA is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in July 2020, 6 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, World Prayer Centre USA reported income of $1.1m and spending of $908k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $431k to $1.1m (+165%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Prayer Centre USA sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include The Presidential Prayer Team ($1.1m), Global Evangelical Team Inc ($1.1m) and Faith an Endowment for Orthodoxy & Hellenism ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.