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Minnesota · Nonprofit

PEOPLE OF PRAISE MINN INC

PEOPLE OF PRAISE MINN INC (Minnesota) receives grants from 5 organizations whose IRS filings report $221,049 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($176,500). 4 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.2M
Funders on record
5
Grants received
$221k
Net assets
$18M
4/5 repeat funderspeak grant-dependency 3%
01What it does

What People of Praise Minn Inc does

Mission

People of Praise is a Covenant Christian Community related to a national organization headquartered in South Bend, Indiana. People of Praise has an ecumenical character that supports the members of its community through education, social action, missions and fellowship.

As stated on its FY2025 Form 990.

Programs

  1. General fund provides for pastoral care of members, including prayer meetings, teaching conferences, pastoral meetings and retreats.

    $1,139,413 spent$378,002 earned by the program
    81% of program spending
  2. Ministry fund is used to promote specific purposes including: youth programs, music, evangelism and missionary outreach.

    $270,363 spent$749,469 earned by the program
    19% of program spending
  3. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,409,776.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($2.1M) Net assets 100 ($18M)2018 Revenue 100 ($1.6M) Expenses 89 ($1.8M) Net assets 99 ($18M)2019 Revenue 103 ($1.6M) Expenses 90 ($1.8M) Net assets 98 ($18M)2020 Revenue 98 ($1.6M) Expenses 91 ($1.9M) Net assets 97 ($18M)2021 Revenue 100 ($1.6M) Expenses 83 ($1.7M) Net assets 100 ($18M)2022 Revenue 70 ($1.1M) Expenses 93 ($1.9M) Net assets 96 ($18M)2023 Revenue 129 ($2.0M) Expenses 98 ($2.0M) Net assets 96 ($18M)2024 Revenue 127 ($2.0M) Expenses 98 ($2.0M) Net assets 96 ($18M)2025 Revenue 138 ($2.2M) Expenses 96 ($2.0M) Net assets 97 ($18M)
'17'18'19'20'21'22'23'24'25
Revenue (138)Expenses (96)Net assets (97)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $19M to $18M (−4%).

$19M
$18M
$18M
$18M
$19M
$18M
$18M
$18M
$18M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$480k
’17
−$252k
’18
−$227k
’19
−$330k
’20
−$141k
’21
−$813k
’22
$9k
’23
−$14k
’24
$202k
’25
3.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed10991010101098
Joined·+0+2+2+2+0+1+1+1
No longer listed·12120122
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $19k → $6k.

4 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PEOPLE OF PRAISE MINN INC’s funders (the co-funder graph). Top 4 of 5 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PEOPLE OF PRAISE MINN INC leans on a few funders — its largest provides 80% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PEOPLE OF PRAISE MINN INC.

80%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 62% · 2019 81% · 2020 100% · 2021 72% · 2022 82% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of PEOPLE OF PRAISE MINN INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $221k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like PEOPLE OF PRAISE MINN INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 29%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for PEOPLE OF PRAISE MINN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PEOPLE OF PRAISE MINN INC?
PEOPLE OF PRAISE MINN INC (Minnesota) receives grants from 5 organizations whose IRS filings report $221,049 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($176,500). 4 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PEOPLE OF PRAISE MINN INC have?
IRS filings report 5 organizations giving $221,049 in grants to PEOPLE OF PRAISE MINN INC, 4 of which have funded it in more than one year.
Who is the largest funder of PEOPLE OF PRAISE MINN INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $176,500 in grants. The full list of funders is on this page.
How can an organization like PEOPLE OF PRAISE MINN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds People of Praise Minn →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing