Faith Mountain Ministries Inc

Analysis

Faith Mountain Ministries Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Faith Mountain Ministries Inc reported income of $803k and spending of $782k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $844k to $803k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Mountain Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Roever Educational Assistance Programs International Inc ($803k), Healing Music Incorporated ($803k) and Wycliffe Bible Translators International Inc ($802k).

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 $115k (15% of expenses). At year end it held assets of $97k against liabilities of $2,324, net assets of $94k. It reported 2 employees.