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Filing year 2024

PRAKASH MINISTRIES

Virginia Beach, Virginia·EIN 82-2295638·NTEE X20 · Religion-Related·501(c)(3)
Total revenue
$478k
Total assets
$588k
Total expenses
$191k
Reported officers
3

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Officer
Board Member
Median to 75th percentile
$36k
$39k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PRAKASH MINISTRIES equaled 19% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
19%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 8%
from 2023

From $39k in 2023 to $36k in 2024.

$39k
2023
$36k
2024
In today's dollarsEst.
Down 10% in real terms$43k to $39k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 8% from 2023 to 2024, while revenue rose 84%.

$39k in 2023 to $36k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PRAKASH MINISTRIES

What does the Board Member of PRAKASH MINISTRIES earn?

In 2024, the Board Member of PRAKASH MINISTRIES received $36,300 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Religion-Related organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PRAKASH MINISTRIES compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2024 pay of the Board Member at PRAKASH MINISTRIES falls between the median and the 75th percentile. In 2024, the highest total compensation at PRAKASH MINISTRIES equaled 19% of the organization's total expenses. The median for religion-related organizations is 18%.

What are PRAKASH MINISTRIES's revenue and expenses?

In 2024, PRAKASH MINISTRIES reported $478k in total revenue and $191k in total expenses on its IRS Form 990.

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