International Great Faith Ministries Inc

Analysis

International Great Faith Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2013, 13 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, International Great Faith Ministries Inc reported income of $347k and spending of $307k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $347k (+187%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 196%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Great Faith Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Association of Soto Zenbuddhists ($347k), Small World Connections Ministry ($348k) and Ministerio Fraternidad Cristiana Internacional Inc ($347k).

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 $12k (4.0% of expenses). At year end it held assets of $71k against liabilities of $36k, net assets of $34k. It reported 1 employees.