Faithquest Missions

Analysis

Faithquest Missions is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in August 2009, 17 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, Faithquest Missions reported income of $355k and spending of $357k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $355k (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faithquest Missions sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Agape Mission of Bartlesville ($355k), Project 2026 Inc ($355k) and Faithwalking ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $96k (27% of expenses). At year end it held assets of $330k against liabilities of $0, net assets of $330k. It reported 3 employees.