Faith 2 Faith Ministries International

Analysis

Faith 2 Faith Ministries International is a registered charity in United States, based in New London, CT. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2 Faith Ministries International reported income of $304k and spending of $351k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $304k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith 2 Faith Ministries International sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CT. Charities of a similar size with the same main cause include Into the Jordan Ministries Inc ($304k), New Harvest Missions International Inc ($304k) and University Lutheran Ministry Association ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $30k (8.6% of expenses). Other salaries and wages came to $26k. At year end it held assets of $26k against liabilities of $56k, net assets of -$30k. It reported 3 employees.