Faith in Action with El Salvador

Analysis

Faith in Action with El Salvador is a registered charity in United States, based in Rockport, MA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Faith in Action with El Salvador reported income of $51k and spending of $1,007, leaving 98% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $63k to $51k (-20%), an average of -20% a year. The sharpest change came in the year to March 2024, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action with El Salvador sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Kiwanis Club of West San Jose Foundation Inc ($51k), Seton Food Pantry Inc ($51k) and Nebraska Association of Area Agencies on Aging Inc ($51k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.