Herald of Faith Incorporated

Analysis

Herald of Faith Incorporated is a registered charity in United States, based in Ramona, CA. It received its IRS tax-exemption ruling in September 1965, 61 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, Herald of Faith Incorporated reported income of $200k and spending of $185k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $238k to $200k (-16%), an average of -5.7% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Herald of Faith Incorporated 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 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include His Heart Missions Fellowship ($200k), Unleashed Ministries ($200k) and Christian Influencers Network ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $6,297, net assets of $23k.