Faithful Stewards Inc

Analysis

Faithful Stewards Inc is a registered charity in United States, based in El Dorado HLS, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Faithful Stewards Inc reported income of $126k and spending of $117k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $234k to $126k (-46%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faithful Stewards Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Orlando Family Foundation for Charities ($126k), Ventura County Professional Firefighters Assoc Charity Fund ($126k) and Japanese Soc of Detroit Foundation ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $6,430, net assets of $9,101.