Faith in Action West Sound

Analysis

Faith in Action West Sound is a registered charity in United States, based in Belfair, WA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith in Action West Sound reported income of $761k and spending of $714k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $583k to $761k (+31%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action West Sound sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Media Fellowship House ($761k), Living Hope Womens Centers ($762k) and Recovery Beyond ($761k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $323k. At year end it held assets of $2.5m against liabilities of $333k, net assets of $2.2m. It reported 18 employees.