Church Prayer Leaders Network Inc

Analysis

Church Prayer Leaders Network Inc is a registered charity in United States, based in Brazil, IN. It received its IRS tax-exemption ruling in March 2021, 5 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, Church Prayer Leaders Network Inc reported income of $239k and spending of $259k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $239k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church Prayer Leaders Network Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Love Reality Inc ($239k), Waycoolangels Inc ($239k) and Muslim Cultural Center of Bergan County a NJ Nonprofit Corporation ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $58k (22% of expenses). Other salaries and wages came to $39k. At year end it held assets of $101k against liabilities of $48k, net assets of $53k. It reported 3 employees.