Faith at Work

Analysis

Faith at Work is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Faith at Work reported income of $84k and spending of $84k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $84k (-7.7%), an average of -7.7% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith at Work sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Purde Chi Alpha Fellowship Inc ($84k), Ken Klein Ministries Inc ($84k) and Primera Iglesia Cristiana Manantiales de Vida ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.