Faith in Action Georgetown

Analysis

Faith in Action Georgetown is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in June 2007, 19 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 Georgetown reported income of $682k and spending of $608k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $682k (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action Georgetown sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Asista Immigrant Assistance ($682k), Biodynamic Association Inc ($682k) and Kindness Initiative ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $269k. At year end it held assets of $959k against liabilities of $378k, net assets of $580k. It reported 14 employees.