Trail of Faith Farms Co

Analysis

Trail of Faith Farms Co is a registered charity in United States, based in Trenton, NC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Trail of Faith Farms Co reported income of $116k and spending of $88k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $116k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 75% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Trail of Faith Farms Co sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Citizens for Animal Rescue and Adoption ($116k), Georgia Equine Rescue League Ltd ($116k) and Fresh Start Animal Outreach ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.