Praise Him Ministries Inc

RIDGWAY, CO EIN: 03-0410199

Praise Him Ministries Inc is a private foundation focused on Religion Related, based in RIDGWAY, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 18 grants totaling $240K. Net investment income was $776.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

-1.2% YoY

Annual Giving

$240K

+69.9% YoY

Grant Count

18

+50.0% YoY

Avg Grant Size

$13K

+13.2% YoY

About Praise Him Ministries Inc

Based on IRS filings

Praise Him Ministries Inc is a private foundation focused on Religion Related, based in RIDGWAY, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 18 grants totaling $240K. Net investment income was $776.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Arroya GrandeBransonCambriaCapistrano BeachCentennialColorado SpringsCoronaDeltaGrand JunctionJacksonLakewoodMontroseMonumentNorwoodOlatheOurayRidgwaySanta AnaWheaton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$886K$2M$3M$4M2021202220232024
Metric202420232022
Total Assets$7,581,809$7,677,202$7,754,715
Revenue$3,057,438$3,080,041$2,537,322
Expenses$3,222,589$3,142,570$1,631,008
Qualifying Distributions$2,122,132$2,479,971$1,165,008
Net Investment Income$776$466$572
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$120K$180K$240K7 grants202118 grants202212 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CAMBRIA CALVARY CHAPEL$60KLAUGHTER FOR ALL$60KCOLORADO CHRISTIAN UNIVE…$48KRIDGWAY MOUNTAIN VIEW FE…$21KCENTENNIAL INSTITUTE DIR…$8KADULT & TEEN CHALLENGE M…$7KDOLPHIN HOUSE CHILD ADVO…$5KDELTA PREGNANCY RESOURCE…$5KEXCEPTIONAL KIDS INC DBA$5KLIFE CHOICES FAMILY RESO…$5K

Grant Size Distribution

55 grants across all recorded years

52<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cambria Calvary Chapel ($60,000), Laughter for All ($60,000), Colorado Christian University ($47,500).

RecipientPurposeAmount
ADULT & TEEN CHALLENGE MINISTRIES OLATHE, COSEE ATTACHED STMT 22$7,000
ASSOCIATION OF MONTROSE CHURCHES MONTROSE, COSEE ATTACHED STMT 22$2,000
BALLET MAGNIFCAT JACKSON, MSSEE ATTACHED STMT 22$2,000
CAMBRIA CALVARY CHAPEL CAMBRIA, CASEE ATTACHED STMT 22$60,000
CENTENNIAL INSTITUTE DIRECTOR OF LAKEWOOD, COSEE ATTACHED STMT 22$7,500
COLORADO CHRISTIAN UNIVERSITY GRAND JUNCTION, COSEE ATTACHED STMT 22$47,500
COMPASSION INTERNATIONAL MINISTRY COLORADO SPRINGS, COSEE ATTACHED STMT 22$1,830
DELTA PREGNANCY RESOURCE CENTER DELTA, COSEE ATTACHED STMT 22$5,000
DOLPHIN HOUSE CHILD ADVOCACY CENTER MONTROSE, COSEE ATTACHED STMT 22$5,300
EXCEPTIONAL KIDS INC DBA CENTENNIAL, COSEE ATTACHED STMT 22$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JORGE HERNANDEZEXECUTIVE DI$91K

From 2024 filing

NameTitleHoursCompensation
MICHAEL REAGORDIRECTOR1.5
MATTHEW DRAGOUNBOARD MEMBER0.75
JORGE HERNANDEZEXECUTIVE DI40$90,865
NAZARETH RIZKALLAHBOARD MEMBER0.75

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Praise Him Ministries Inc?

Praise Him Ministries Inc is a private foundation focused on Religion Related, based in RIDGWAY, CO. It holds $7.6M in total assets as of 2024.

How large is Praise Him Ministries Inc?

As of 2024, Praise Him Ministries Inc holds $7.6M in total assets with $3.1M in annual revenue. It awarded 18 grants totaling $240K in 2024.

Where does Praise Him Ministries Inc operate?

Praise Him Ministries Inc has awarded grants in California, Colorado, Illinois, Missouri, Mississippi.

What size grants does Praise Him Ministries Inc award?

In 2024, Praise Him Ministries Inc awarded 18 grants totaling $240K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is Praise Him Ministries Inc's EIN?

Praise Him Ministries Inc's EIN (Employer Identification Number) is 03-0410199. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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