Faith in Action of Marathon County Inc

Analysis

Faith in Action of Marathon County Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in October 2005, 21 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 in Action of Marathon County Inc reported income of $113k and spending of $126k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $113k (-19%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action of Marathon County Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Wabasha Area Community Resource Center ($113k), Anderson Area Association of Senior Citizen Organizations ($113k) and Operation Tango Mike ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.