Global 365 Prayer Network Inc

Analysis

Global 365 Prayer Network Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in August 2014, 12 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, Global 365 Prayer Network Inc reported income of $230k and spending of $237k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $230k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global 365 Prayer Network Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include New Evangelicals ($230k), New Foundland Foundation ($230k) and Pressing Pause Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.