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Filing year 2024

THE PRAYER CLOSET

Plano, Texas·EIN 20-1849802·NTEE X20 · Religion-Related·501(c)(3)
Total revenue
$317k
Total assets
$3.7M
Total expenses
$387k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

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

President
Board President
75th to 90th percentile
$79k
$82k
Director
Unclassified
$43k
$45k
Secretary
Board Secretary
75th to 90th percentile
$42k
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE PRAYER CLOSET equaled 20% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
20%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$161k

Itemized grants

18

Median grant

$5k

RecipientLocationPurposeAmount
HELPING HAND HOME FOR CHILDRENAUSTIN, TXNEW HOUSING$25k
HARVESTERS REACHING THE NATIONSPLANO, TXCARE FOR ORPHANS WORLDWIDE$20k
THE LIFESAVERS FOUNDATIONRICHARDSON, TXTO PROVIDE MEDICAL SERVICES$20k
DALLAS THEOLOGICAL SEMINARYDALLAS, TXSCHOLARSHIPS$10k
SAMARITANS PURSEBOONE, NCPROVIDE SPIRITUAL AND PHYISCAL AID$10k
THRIVE WOMEN'S CLINICDALLAS, TXOPERTIONAL SUPPORT$10k
THE STOREHOUSE OF COLLIN COUNTYPLANO, TXTO FEED AND CLOTH THE COMMUNITY$10k
ST ANDREW METHODIST CHURCHPLANO, TXMISSION SUPPORT FOR INDIGENOUS CR$10k
MISSION MASSAIIMCKINNEY, TXTO PROVIDE RESOURCES TO COMMUNITY$6k
ALIVE AT LASTNEWARK, TXOPERATIONAL SUPPORT$5k
BEYOND ORDINARY WOMENPLANO, TXMINISTER AND EQUIP WOMEN$5k
MOBILE LOAVES & FISHESAUSTIN, TXSOCIAL OUTREACH$5k
SALVATION ARMYALEXANDRIA, VASOCIAL OUTREACH$5k
SAMARITAN INNMCKINNEY, TXSUPPORT HOMELESS$5k
UNION GOSPEL MISSIONDALLAS, TXHOMELESS SUPPORT$5k
EVANTELLDALLAS, TXEVANGELISM TRAINING$5k
LIFEWELL CHURCHGARLAND, TXHVAC REPLACEMENT/REPAIR FUND$5k
NATIONAL BASEBALL HALL OF FAMECOOPERSTOWN, NYPRESERVE BASEBALL HISTORY$500
Compare this foundation's grantees

Up 10%
from 2023

From $72k in 2023 to $79k in 2024.

$72k
2023
$79k
2024
In today's dollarsEst.
Up 6% in real terms$78k to $82k

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 10% from 2023 to 2024, while revenue rose 91%.

$72k in 2023 to $79k in 2024.
  • Board Secretary pay rose 17% from 2023 to 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about THE PRAYER CLOSET

What does the Board President of THE PRAYER CLOSET earn?

In 2024, the Board President of THE PRAYER CLOSET received $79,200 in total compensation. This pay is in the top quarter for Board President roles among Religion-Related organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE PRAYER CLOSET compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Texas, the 2024 pay of the Board President at THE PRAYER CLOSET falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE PRAYER CLOSET equaled 20% of the organization's total expenses. The median for religion-related organizations is 18%.

What are THE PRAYER CLOSET's revenue and expenses?

In 2024, THE PRAYER CLOSET reported $317k in total revenue and $387k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.