Great Is Thy Faithfulness Cogic

Analysis

Great Is Thy Faithfulness Cogic is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2018, 8 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, Great Is Thy Faithfulness Cogic reported income of $133k and spending of $103k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $71k to $133k (+87%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Great Is Thy Faithfulness Cogic sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Center for Prayer & Meditation Inc ($133k), Herbster Evangelistic Ministries Inc ($133k) and Emory Grove Assoc of Baltimore Inc ($133k).

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 $10k (9.7% of expenses). Other salaries and wages came to $9,800. At year end it held assets of $851k against liabilities of $798k, net assets of $53k.