House of Praise & Worship

Analysis

House of Praise & Worship is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in September 2003, 23 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 2023, House of Praise & Worship reported income of $117k and spending of $91k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $117k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Praise & Worship sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Cao Dai Inc ($116k), Wonders Evangelistic Inc ($117k) and White Heron Sangha ($116k).

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 $51k against liabilities of $0, net assets of $51k.