Faithful Servant Missions Inc

Analysis

Faithful Servant Missions Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 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 2022, Faithful Servant Missions Inc reported income of $307k and spending of $286k, spending 93% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $407k to $307k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2019, when income dropped by 18%. 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, Faithful Servant Missions Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include My Brothers Keeper of Oklahoma Inc ($307k), Working Against Violence for Everyone-Wave- ($307k) and One Need Inc ($307k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% of the total. At year end it held assets of $250k against liabilities of $3,318, net assets of $247k.