Faith Works Community Coalition

Analysis

Faith Works Community Coalition is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Faith Works Community Coalition reported income of $436k and spending of $722k, spending 166% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $436k (-67%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Faith Works Community Coalition sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Blac Inc ($436k), Hola Ohio ($436k) and South Lane Maintenance Corporation ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $226k. At year end it held assets of $3.3m against liabilities of $59k, net assets of $3.2m. It reported 9 employees.