Prayer Closet
Plano, Texas
CHealth Score
44C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$167K
Total Revenue
📊
$343K
Total Expenses
🏦
$3.8M
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2437.0%
Year-over-year change (2022 → 2023)
Net Margin
-105.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.96
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $166,578↑2437% | $342,778↓8% | $3,760,730↓4% | — |
| 2022 | -$7,128↓102% | $372,938↓1% | $3,937,749↓9% | — |
| 2021 | $388,600↓54% | $376,111↓1% | $4,315,953 | — |
| 2020 | $846,048↑143% | $381,329↑17% | $4,302,682↑12% | — |
| 2019 | $348,505↑101% | $326,713↑26% | $3,858,771↓8% | — |
| 2015 | $173,079↓31% | $259,302↓6% | $4,172,206↓2% | — |
| 2014 | $249,064↑42% | $274,757↓24% | $4,261,770↓1% | — |
| 2013 | $174,984↓24% | $361,811↑37% | $4,287,219↓4% | — |
| 2012 | $231,540↑32% | $265,025↑56% | $4,473,833↓1% | — |
| 2011 | $174,952 | $169,878 | $4,507,318 | — |
Frequently Asked Questions
What does Prayer Closet do?▼
Prayer Closet is a religion-related nonprofit organization based in Texas. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Prayer Closet financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Prayer Closet.
How much revenue does Prayer Closet generate?▼
Revenue data for Prayer Closet is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
Similar Organizations
Explore more organizations in the Religion-Related category, or browse all nonprofits in Texas.