The House of Faith Inc

Analysis

The House of Faith Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, The House of Faith Inc reported income of $293k and spending of $314k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $276k to $293k (+6.2%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The House of Faith Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Women for Sobriety Inc ($293k), Arizona Emergency Medical Systems Inc ($293k) and Class Aquatics Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $73k. At year end it held assets of $132k against liabilities of $24k, net assets of $107k. It reported 2 employees.