Center for Faithwalk Leadership

Analysis

Center for Faithwalk Leadership is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Center for Faithwalk Leadership reported income of $916k and spending of $670k, leaving 27% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income fell from $1.0m to $916k (-11%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 138%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Faithwalk Leadership sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Fuller E Callaway Professorial Chairs Trust for ($916k), Academy of Producer Insurance Studies Inc ($916k) and Columbia Borough Fire Department ($916k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $69k (10% of expenses). Other salaries and wages came to $181k. At year end it held assets of $686k against liabilities of $176k, net assets of $510k. It reported 4 employees.