International Praise Harvest Ministries
EIN: 320098039 · Clinton, MD · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $156K |
| Net Assets | $372K |
Is International Praise Harvest Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Praise Harvest Ministries
International Praise Harvest Ministries (EIN: 320098039) is a nonprofit organization based in Clinton, MD, classified under NTEE code X20. The organization reported total revenue of $144K and total assets of $854K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Praise Harvest Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Praise Harvest Ministries is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $156K |
| Surplus / Deficit | $-10,769 |
| Total Assets | $864K |
| Total Liabilities | $492K |
| Net Assets | $372K |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 56.9% |
| Months of Reserves | 66.3 months |
Financial Health Grade: C
In 2023, International Praise Harvest Ministries reported a deficit of $11K with expenses exceeding revenue, holds 66.3 months of operating reserves (strong position), has a debt-to-asset ratio of 56.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), International Praise Harvest Ministries's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +2.0% | -3.4% |
| 2022 | -4.2% | -3.3% | -3.7% |
| 2021 | +3.6% | -11.7% | -3.7% |
| 2019 | +0.8% | +4.4% | -5.7% |
| 2018 | +8.0% | +3.4% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Praise Harvest Ministries 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 International Praise Harvest Ministries 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 deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.9%.
Frequently Asked Questions about International Praise Harvest Ministries
Is International Praise Harvest Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, International Praise Harvest Ministries (EIN: 320098039) insufficient data. 0 red flags identified, 0 strengths noted.
How does International Praise Harvest Ministries spend its money?
Detailed spending breakdown data is not yet available for International Praise Harvest Ministries. Check back for updated IRS 990 analysis.
Are donations to International Praise Harvest Ministries tax-deductible?
International Praise Harvest Ministries is registered as a tax-exempt nonprofit (EIN: 320098039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Praise Harvest Ministries located?
International Praise Harvest Ministries is headquartered in Clinton, Maryland and files with the IRS under EIN 320098039. It is classified under NTEE code X20.
How many years of IRS 990 filings does International Praise Harvest Ministries have?
International Praise Harvest Ministries has 12 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 $144K in total revenue.
Filing History
IRS 990 filing history for International Praise Harvest Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), International Praise Harvest Ministries's revenue has declined by 42.2%, moving from $252K to $146K. Total assets decreased by 2.8% over the same period, from $889K to $864K. Total functional expenses rose by 39.1%, from $112K to $156K. In its most recent filing year (2023), International Praise Harvest Ministries reported a deficit of $11K, with expenses exceeding revenue. The organization holds $492K in liabilities against $864K in assets (debt-to-asset ratio: 56.9%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $156K | $864K | $492K | — | View 990 |
| 2022 | $138K | $153K | $895K | $512K | — | — |
| 2021 | $144K | $159K | $930K | $531K | — | View 990 |
| 2019 | $139K | $180K | $965K | $558K | — | View 990 |
| 2018 | $138K | $172K | $1.0M | $575K | — | View 990 |
| 2017 | $127K | $166K | $1.1M | $593K | — | View 990 |
| 2016 | $131K | $106K | $1.1M | $613K | — | View 990 |
| 2015 | $130K | $103K | $1.1M | $634K | — | View 990 |
| 2014 | $101K | $128K | $1.1M | $658K | — | View 990 |
| 2013 | $109K | $81K | $1.2M | $683K | — | View 990 |
| 2012 | $75K | $84K | $1.1M | $592K | — | View 990 |
| 2011 | $252K | $112K | $889K | $411K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $156K, and assets of $864K (revenue +5.9% year-over-year).
- 2022: Revenue of $138K, expenses of $153K, and assets of $895K (revenue -4.2% year-over-year).
- 2021: Revenue of $144K, expenses of $159K, and assets of $930K (revenue +3.6% year-over-year).
- 2019: Revenue of $139K, expenses of $180K, and assets of $965K (revenue +0.8% year-over-year).
- 2018: Revenue of $138K, expenses of $172K, and assets of $1.0M (revenue +8.0% year-over-year).
- 2017: Revenue of $127K, expenses of $166K, and assets of $1.1M (revenue -2.6% year-over-year).
- 2016: Revenue of $131K, expenses of $106K, and assets of $1.1M (revenue +0.8% year-over-year).
- 2015: Revenue of $130K, expenses of $103K, and assets of $1.1M (revenue +28.2% year-over-year).
- 2014: Revenue of $101K, expenses of $128K, and assets of $1.1M (revenue -7.2% year-over-year).
- 2013: Revenue of $109K, expenses of $81K, and assets of $1.2M (revenue +45.0% year-over-year).
- 2012: Revenue of $75K, expenses of $84K, and assets of $1.1M (revenue -70.2% year-over-year).
- 2011: Revenue of $252K, expenses of $112K, and assets of $889K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Praise Harvest Ministries:
Data Sources and Methodology
This transparency report for International Praise Harvest Ministries 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.