House Of Prayer Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 76,966 | 75,587 | 1,379 | 10.7 | — |
| 2022 | 136,949 | 21,686 | 115,263 | 543.8 | 23% |
| 2023 | 77,999 | 3,631 | 74,368 | 3584.0 | 0% |
| 2024 | 29,189 | 58,551 | −29,362 | 216.2 | 0% |
In its most recent public year (2024), this organization spent $29,362 more than it brought in. Its reserves stood at about 216.2 months of spending, up from 10.7 in 2021. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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