Faith Tabernacle

Analysis

Faith Tabernacle is a registered charity in United States, based in Iberia, MO. It received its IRS tax-exemption ruling in September 1984, 42 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Faith Tabernacle reported income of $62k and spending of $37k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $117k to $62k (-47%), an average of -27% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Tabernacle sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Elite Meet Inc ($62k), Alhambra Hearing Foundation Inc ($62k) and Emergency Nurses Association ($62k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,875. At year end it held assets of $470k against liabilities of $300k, net assets of $170k.