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Faith Weavers of St Mary

RegisteredEIN 14-1997339Mount Pleasant, MIReligion
Income$98k2023-12
Spending$98ksame year
Spent / received95%2-year average
Size in its cause42nd pctReligion
Exempt since2007Publicly supported organisat
Employees–latest return

Analysis

Faith Weavers of St Mary is a registered charity in United States, based in Mount Pleasant, MI. It received its IRS tax-exemption ruling in November 2007, 19 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 Weavers of St Mary reported income of $98k and spending of $98k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $98k (+4.9%), an average of +4.9% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Weavers of St Mary sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Word of Life Outreach Ministries Inc ($98k), Innovative Solutions Northwest ($98k) and Mission for the Interior International Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $341k against liabilities of $0, net assets of $341k.

Income and spending

$0$25k$49k$74k$98k2022 Income: $93,5322022 Spending: $84,33620222023 Income: $98,1072023 Spending: $98,1412023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 5.4%

Similar-sized charities, same cause

CharityLocationIncome
Word of Life Outreach Ministries IncS Chesterfld$98k
Innovative Solutions NorthwestCovington$98k
Mission for the Interior International IncBristol$98k
Joe & Kim Stanley Ministries IncKingsland$98k