Glorious Praise Chapel International

Analysis

Glorious Praise Chapel International is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Glorious Praise Chapel International reported income of $79k and spending of $100k, spending 126% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $82k to $79k (-4.0%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. 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, Glorious Praise Chapel International sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Harmony Grove Spiritualist Association ($79k), Shalom Ministries Inc ($79k) and Anointing Oil Ministries Incorporated ($79k).

At year end it held assets of $83k against liabilities of $0, net assets of $83k.