Faith Impact Church

Analysis

Faith Impact Church is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in April 2015, 11 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 Impact Church reported income of $440k and spending of $470k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $440k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Impact Church sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Come & See ($440k), Pilgrim Tract Society Inc ($440k) and Treasure Coast Baptist Church Inc ($440k).

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 $35k (7.4% of expenses). Other salaries and wages came to $90k. At year end it held assets of $143k against liabilities of $0, net assets of $143k.