24-7 Prayer

Analysis

24-7 Prayer is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 2006, 20 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, 24-7 Prayer reported income of $478k and spending of $366k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $478k (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 24-7 Prayer sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Glory Project Inc ($478k), All for Jesus Inc ($478k) and Missionaries of Jesus Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $226k. At year end it held assets of $171k against liabilities of $8,182, net assets of $163k.