Faith Covenant International
Analysis
Faith Covenant International is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in November 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 (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 Covenant International reported income of $255k and spending of $253k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $255k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 103% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Faith Covenant International sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Friends of Hatzolah Ashdod Drom ($255k), Barnabas Group Inc ($255k) and Global 504 ($255k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $11k, net assets of $0. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Hatzolah Ashdod Drom | Brooklyn | $255k |
| Barnabas Group Inc | Castle Pines | $255k |
| Global 504 | Tampa | $255k |
| Mt Joy Baptist Church | Edwardsville | $255k |