Faith Fellowship Inc

Analysis

Faith Fellowship Inc is a registered charity in United States, based in Malaga, NJ. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Faith Fellowship Inc reported income of $233k and spending of $170k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $205k to $233k (+14%), an average of +14% a year. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Fellowship Inc 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 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Local Church Evangelism Inc ($233k), The Renewd Pastor ($234k) and Staunton Augusta Church Relief Association Inc ($233k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $53k (31% of expenses). At year end it held assets of $711k against liabilities of $434k, net assets of $277k.