Faithwalk International

Analysis

Faithwalk International is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faithwalk International reported income of $151k and spending of $181k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $151k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faithwalk International sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Bajito Onda Community Development Foundation ($151k), Donald N Sharp Memorial Community Hospital Auxiliary ($151k) and PTA California Congress of Parents Teachers & Students Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.