Financial Information for Praise Academy

Praise Academy's annual revenue was $463K in tax year 2024, reported on their IRS Form 990. They spent $482K in total expenses. 81% went to programs and services.

Financial Breakdown

What is Praise Academy's total annual expenses?

Praise Academy spent $482K in tax year 2024, according to their IRS Form 990 filing.

How much of Praise Academy's budget goes to programs?

Praise Academy spent $391K (81% of expenses) on programs and services in tax year 2024.

How much does Praise Academy spend on overhead?

Praise Academy's overhead in tax year 2024 includes administrative (7%) and fundraising (12%) of their expenses.

What is Praise Academy's net worth?

Praise Academy had net assets of $775K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.