Faith in Action Washburn County

Analysis

Faith in Action Washburn County is a registered charity in United States, based in Spooner, WI. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Washburn County reported income of $94k and spending of $81k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $94k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action Washburn County sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within WI. Charities of a similar size with the same main cause include Gods Storehouse ($94k), Milton Community Action Group ($94k) and Halifax County Business Horizons Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $131k against liabilities of $2,664, net assets of $128k. It reported 6 employees.