Faith Holistic Academy

Analysis

Faith Holistic Academy is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Faith Holistic Academy reported income of $710k and spending of $673k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $710k (+83%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faith Holistic Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Allied Churches of Alamance County Inc ($710k), I Am Next Inc ($710k) and Spring Road Kyiv Missions Center ($710k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $445k. At year end it held assets of $510k against liabilities of $99k, net assets of $411k. It reported 14 employees.