Working Faith Ministries of South Florida

Analysis

Working Faith Ministries of South Florida is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in November 2009, 17 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, Working Faith Ministries of South Florida reported income of $66k and spending of $58k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $135k to $66k (-51%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Working Faith Ministries of South Florida sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Islamic Society of Cape Cod Inc ($66k), Fellowship of Haitian Evangelical Pastors of New England Inc ($66k) and Serve the City Resource Group Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.