Keep the Faith Inc

Analysis

Keep the Faith Inc is a registered charity in United States, based in Saddle River, NJ. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Keep the Faith Inc reported income of $578k and spending of $420k, leaving 27% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.6m to $578k (-65%), an average of -19% a year. The sharpest change came in the year to March 2024, when income rose by 90%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Keep the Faith Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Kingdom Builder Foundation Paul Gunther ($578k), United Islamic Center of Arizona ($578k) and Mark Christian Ministries of Jesus Christ Inc ($578k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $120k (29% of expenses). Other salaries and wages came to $69k. It paid $7,980 in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $85k, net assets of $944k. It reported 9 employees.