Faith Family and Determination

Analysis

Faith Family and Determination is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Faith Family and Determination reported income of $315k and spending of $301k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $315k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Faith Family and Determination sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Girard Lutheran Housing Corporation ($315k), Habitat for Humanity International Inc ($316k) and Fowler Christian Apartments III Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Other salaries and wages came to $199k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 7 employees.