Faith Friendship Ministries Inc
Analysis
Faith Friendship Ministries Inc is a registered charity in United States, based in Mountville, PA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Faith Friendship Ministries Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.9m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Friendship Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Marshall County Ems District ($1.9m), Courage Medicine Health Center Inc ($1.9m) and Elm Court Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $183k (10% of expenses). Other salaries and wages came to $809k. At year end it held assets of $1.1m against liabilities of $609k, net assets of $537k. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 61%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marshall County Ems District | Madill | $1.9m |
| Courage Medicine Health Center Inc | Philadelphia | $1.9m |
| Elm Court Inc | Princeton | $1.9m |
| University of Maryland Midtown Health Inc | Baltimore | $1.9m |