Praxis
Praxis reported $12.3 million in revenue and $10.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.95 went to program services, $15.33 to management and general costs and $1.72 to fundraising. Its largest source of revenue was contributions and grants: 89.3% of the total. The highest compensation it reported for one person was $448,840 (CO-FOUNDER & PRESIDENT). 12 people received more than $100,000 in reportable compensation. Revenue rose 222% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $10.0MFor context, the median across 300 covered religion-related charities: $88.67 programs, $9.31 management, $2.02 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.9% | 86.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.3% | 9.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.7% | 2.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.3% | 83.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 10.4% | 2.4% |
| Highest reported compensation Part VII-A, columns D–F | $448,840 | $274,425 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.50% | 1.45% |
| People paid over $100,000 Part VII, line 2 | 12 | 4 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 6 of 7 | 91.7% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseGlobal venture building ecosystempraxis runs intensive 12-month accelerators for christian entrepreneurs building redemptive ventures, providing values-aligned capital, world-class mentorship, peer community, spiritual formation, and imaginative content. Currently operating four global programs - US business, US nonprofit, africa, and asia pacific - each cohort serves approximately 12 fellows, supported through in-person gatherings, coaching, and peer circles that continue well beyond the program itself. (continued on schedule o)praxis also convenes regional gatherings that bring…
Summit & communityevery year, the praxis community gathers at the summit to learn together, celebrate faithful work, and collaborate around new opportunities for redemptive innovation across cities, sectors, and social challenges. The broader community initiative curates the right people, creates world-class formation experiences, and activates capital and activity toward our shared work. This also includes the redemptive imagination project, a cultural studio, organizing to address the major issues of our time
Media, brand & productpraxis media is the creative, ideas, and storytelling engine of the organization producing original content across audio, written, and visual formats that brings redemptive vision to life. Working in close partnership, the brand & partnerships initiative stewards the praxis brand across all channels, leading go-to-market efforts to build awareness, engagement, and trust. Together these teams cultivate strategic relationships across churches, universities, and partner organizations to grow praxis's reach and influence
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CO-FOUNDER & PRESIDENT Director/trustee, officer, 45.00 hrs/week | $318,342 | $0 | $130,498 | $448,840 |
| MANAGING PARTNER Officer, 45.00 hrs/week | $240,625 | $0 | $68,701 | $309,326 |
| PARTNER, THEOLOGY & CULTURE Highest compensated employee, 45.00 hrs/week | $233,250 | $0 | $44,319 | $277,569 |
| PARTNER, GLOBAL Highest compensated employee, 45.00 hrs/week | $162,625 | $0 | $62,225 | $224,850 |
| PARTNER, BUSINESS PORTFOLIO Highest compensated employee, 45.00 hrs/week | $152,501 | $0 | $65,005 | $217,506 |
| PARTNER, LABS Highest compensated employee, 45.00 hrs/week | $147,818 | $0 | $65,823 | $213,641 |
| PARTNER, CAPITAL Highest compensated employee, 45.00 hrs/week | $148,932 | $0 | $58,693 | $207,625 |
12 people received more than $100,000 in reportable compensation from Praxis (Part VII, line 2). Compensation of current officers, directors and key employees totaled $787K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 522
- Volunteers Part I, line 630
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| POPCODE STUDIO Web development services | $173,400 |
| ORDINARY FOLK STUDIO Animation services | $150,500 |
| MISSION SQUARED Venture partner services | $126,000 |
| BASE Executive assistant services | $115,702 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Praxis totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Praxis's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Praxis, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Praxis spent in FY2025, $82.95 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Elam MinistriesAlpharetta, GA · revenue $12M · programs 90.8% · 2024
- Maranatha Bible and Missionary ConfMuskegon, MI · revenue $12M · programs 82.4% · 2025
- Muslim Community CenterChicago, IL · revenue $12M · programs 93.4% · FY2025
- Brahmananda Saraswati FoundationFairfield, IA · revenue $12M · programs 92.6% · 2025
- BeshefaNorth Miami Beach, FL · revenue $12M · programs 100.0% · 2022
All religion-related charities · Largest charities in New York
Questions people ask
How much of Praxis's spending goes to programs?
In the fiscal year ending September 30, 2025, Praxis reported that 82.9% of its $10.0 million in expenses went to program services, 15.3% to management and general and 1.7% to fundraising (Form 990, Part IX).
How much does Praxis pay its top executive?
The largest total compensation Praxis reported for one person in the fiscal year ending September 30, 2025 was $448,840, for the role of CO-FOUNDER & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Praxis get its money?
Of $12.3 million in revenue in the fiscal year ending September 30, 2025, 89.3% came from contributions and grants and 10.4% from program service revenue (Form 990, Part VIII).
Is Praxis a registered charity?
The IRS lists EIN 45-0967206 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632259349301968 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522249349301742 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202401919349301415 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022 (amended), object 202312729349301606 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202223119349300207 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122239349301502 · read the filing
All filings for EIN 45-0967206: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.