Prayer Huddle Ministries Inc

Analysis

Prayer Huddle Ministries Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in January 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, Prayer Huddle Ministries Inc reported income of $83k and spending of $118k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $83k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Prayer Huddle Ministries Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include 247 Ministry ($83k), Power and Wisdom of God Ministries Inc ($83k) and Partnering for Mexico City ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.