Faith House Ministries of Africa Inc

Analysis

Faith House Ministries of Africa Inc is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Faith House Ministries of Africa Inc reported income of $137k and spending of $192k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $634k to $137k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith House Ministries of Africa Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Central Florida Childrens Home Inc ($137k), Tri-State Toys for Happiness Inc ($137k) and Women of Wisdom Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $427k against liabilities of $0, net assets of $427k.