Faith Project Incorporated

Analysis

Faith Project Incorporated is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in July 2012, 14 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 2021, Faith Project Incorporated reported income of $166k and spending of $164k, spending 99% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $122k to $166k (+36%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Faith Project Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Appalachian Work Camp Program Inc ($166k), Grove Senior Housing Inc ($166k) and Winnebago Conflict Resolution Center Inc ($166k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $210k against liabilities of $177k, net assets of $33k.