Fragrance O Prayer Ministry Inc

Analysis

Fragrance O Prayer Ministry Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in March 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, Fragrance O Prayer Ministry Inc reported income of $63k and spending of $63k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $63k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fragrance O Prayer Ministry Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Covenant Global Ministries USA Inc ($63k), Hellfighters Ministries of Chipley Inc ($63k) and Blount County Save-A-Life Inc ($63k).

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 $1,081 against liabilities of $0, net assets of $1,081.