Family and Faith Ministries

Analysis

Family and Faith Ministries is a registered charity in United States, based in Sulphur, LA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family and Faith Ministries reported income of $200k and spending of $178k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $200k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family and Faith Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Forest Park Senior Center Incorporated ($200k), St James Lutheran Child Care Ministry ($201k) and Peninsula Ball Foundation ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (25% of expenses). At year end it held assets of $1.1m against liabilities of $439k, net assets of $622k.