Faith and Community Empowerment

Analysis

Faith and Community Empowerment is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 and Community Empowerment reported income of $1.1m and spending of $532k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $1.1m (+560%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith and Community Empowerment sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Come Mission Inc ($1.1m), Yeshiva Mamar Mordechai Nadvorna ($1.1m) and C H Red Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $116k (22% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.4m against liabilities of $27k, net assets of $1.3m.