Family Fest Inc Christian Ministry Non Profit Org

Analysis

Family Fest Inc Christian Ministry Non Profit Org is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Family Fest Inc Christian Ministry Non Profit Org reported income of $390k and spending of $448k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $400k to $390k (-2.7%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Fest Inc Christian Ministry Non Profit Org sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Ironman Outdoor Ministriesincorporated ($389k), Dasmesh Darbar Sikh Temple ($390k) and Cleveland Community Mikvah Inc ($389k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $94k (21% of expenses). Other salaries and wages came to $17k. At year end it held assets of $795k against liabilities of $44k, net assets of $751k. It reported 2 employees.