Faith Victory Ministries International

Analysis

Faith Victory Ministries International is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Victory Ministries International reported income of $185k and spending of $177k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $302k to $185k (-39%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Victory Ministries International sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Missionary Ministries Inc ($185k), Bridge Builder Global - Nibcm ($185k) and Instruments of Righteousness Evangelistic Ministries Inc ($185k).

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 $1 against liabilities of $0, net assets of $1.