Chattanooga House Of Prayer
EIN: 271709299 · Chattanooga, TN · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $531K |
| Total Expenses | $453K |
| Net Assets | $320K |
Is Chattanooga House Of Prayer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chattanooga House Of Prayer
Chattanooga House Of Prayer (EIN: 271709299) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code X99. The organization reported total revenue of $531K and total assets of $558K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chattanooga House Of Prayer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chattanooga House Of Prayer is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $453K |
| Surplus / Deficit | +$21K |
| Total Assets | $623K |
| Total Liabilities | $303K |
| Net Assets | $320K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 48.7% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2023, Chattanooga House Of Prayer reported a surplus of $21K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 48.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chattanooga House Of Prayer's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +4.2% | +108.1% |
| 2022 | +17.4% | +26.6% | -49.2% |
| 2021 | +1.4% | +2.0% | +131.0% |
| 2020 | -2.3% | -8.3% | -51.6% |
| 2019 | +5.2% | +4.7% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chattanooga House Of Prayer has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chattanooga House Of Prayer with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.7%.
Frequently Asked Questions about Chattanooga House Of Prayer
Is Chattanooga House Of Prayer a legitimate charity?
Chattanooga House Of Prayer (EIN: 271709299) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $531K. No red flags identified. Financial health grade: A.
How does Chattanooga House Of Prayer spend its money?
Chattanooga House Of Prayer reported $531K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chattanooga House Of Prayer tax-deductible?
Chattanooga House Of Prayer is registered as a tax-exempt nonprofit (EIN: 271709299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chattanooga House Of Prayer located?
Chattanooga House Of Prayer is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 271709299. It is classified under NTEE code X99.
How many years of IRS 990 filings does Chattanooga House Of Prayer have?
Chattanooga House Of Prayer has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $531K in total revenue.
Filing History
IRS 990 filing history for Chattanooga House Of Prayer showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chattanooga House Of Prayer's revenue has grown by 74.7%, moving from $271K to $474K. Total assets increased by 359.8% over the same period, from $136K to $623K. Total functional expenses rose by 97.3%, from $230K to $453K. In its most recent filing year (2023), Chattanooga House Of Prayer reported a surplus of $21K, with revenue exceeding expenses. The organization holds $303K in liabilities against $623K in assets (debt-to-asset ratio: 48.7%), resulting in net assets of $320K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $453K | $623K | $303K | — | View 990 |
| 2022 | $445K | $435K | $299K | $372 | — | — |
| 2021 | $379K | $344K | $589K | $300K | — | View 990 |
| 2020 | $374K | $337K | $255K | $2K | — | View 990 |
| 2019 | $383K | $367K | $528K | $311K | — | View 990 |
| 2018 | $364K | $351K | $494K | $293K | — | View 990 |
| 2017 | $380K | $311K | $446K | $257K | — | View 990 |
| 2016 | $102K | $329K | $391K | $271K | — | View 990 |
| 2015 | $392K | $347K | $347K | $0 | — | View 990 |
| 2014 | $320K | $332K | $304K | $2K | — | View 990 |
| 2013 | $530K | $352K | $319K | $4K | — | View 990 |
| 2012 | $254K | $252K | $139K | $3K | — | View 990 |
| 2011 | $271K | $230K | $136K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $453K, and assets of $623K (revenue +6.5% year-over-year).
- 2022: Revenue of $445K, expenses of $435K, and assets of $299K (revenue +17.4% year-over-year).
- 2021: Revenue of $379K, expenses of $344K, and assets of $589K (revenue +1.4% year-over-year).
- 2020: Revenue of $374K, expenses of $337K, and assets of $255K (revenue -2.3% year-over-year).
- 2019: Revenue of $383K, expenses of $367K, and assets of $528K (revenue +5.2% year-over-year).
- 2018: Revenue of $364K, expenses of $351K, and assets of $494K (revenue -4.1% year-over-year).
- 2017: Revenue of $380K, expenses of $311K, and assets of $446K (revenue +273.8% year-over-year).
- 2016: Revenue of $102K, expenses of $329K, and assets of $391K (revenue -74.1% year-over-year).
- 2015: Revenue of $392K, expenses of $347K, and assets of $347K (revenue +22.7% year-over-year).
- 2014: Revenue of $320K, expenses of $332K, and assets of $304K (revenue -39.7% year-over-year).
- 2013: Revenue of $530K, expenses of $352K, and assets of $319K (revenue +108.6% year-over-year).
- 2012: Revenue of $254K, expenses of $252K, and assets of $139K (revenue -6.4% year-over-year).
- 2011: Revenue of $271K, expenses of $230K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chattanooga House Of Prayer:
Data Sources and Methodology
This transparency report for Chattanooga House Of Prayer is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.