FPC Ministries

Analysis

FPC Ministries is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 2017, 9 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, FPC Ministries reported income of $859k and spending of $993k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $859k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, FPC Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Street Youth Ministry of Austin ($859k), Purpose Institute Inc ($860k) and American Friends of Tiferet Moshe Betzalel Inc ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,003 (0.1% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.