Faith Family Media Inc

Analysis

Faith Family Media Inc is a registered charity in United States, based in Alvarado, TX. It received its IRS tax-exemption ruling in July 2014, 12 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 Family Media Inc reported income of $305k and spending of $777k, spending 254% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $562k to $305k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 252%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Family Media Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Grunewald Ministries Inc ($305k), Christian Missions International Inc ($305k) and Mercy Center in ($305k).

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 $2.6m against liabilities of $0, net assets of $2.6m.