Faith Angler Network

Analysis

Faith Angler Network is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Angler Network reported income of $67k and spending of $29k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $67k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Angler Network sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Cape Hope ($67k), St Joseph Business Guild ($67k) and John & Charles Wesley Center Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.