Faith and Action for Strength Together

Analysis

Faith and Action for Strength Together is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 2006, 20 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 and Action for Strength Together reported income of $329k and spending of $273k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $435k to $329k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith and Action for Strength Together sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Cornerstone of Grace ($329k), Diabetes Education and Camping Association ($329k) and Operation Hope Prison Ministry ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $159k (58% of expenses). At year end it held assets of $596k against liabilities of $3,610, net assets of $593k. It reported 8 employees.