Faith Builders Educational Programs

Analysis

Faith Builders Educational Programs is a registered charity in United States, based in Guys Mills, PA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 June 2024, Faith Builders Educational Programs reported income of $4.7m and spending of $3.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $4.7m (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Builders Educational Programs sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Southern Oregon Insurance Inc ($4.7m), Dow Bay Area Family Young Mens Christian Association ($4.7m) and Methodist Home for the Aging ($4.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 45% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $16.4m against liabilities of $9.2m, net assets of $7.2m. It reported 51 employees.