Faith Home and School

Analysis

Faith Home and School is a registered charity in United States, based in Mitchell, SD. It received its IRS tax-exemption ruling in December 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Home and School reported income of $119k and spending of $94k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $157k to $119k (-24%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Home and School sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within SD. Charities of a similar size with the same main cause include Peabody Education Foundation ($119k), Think2perform Research Institute ($119k) and Bring Back the Trades Inc ($119k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. At year end it held assets of $466k against liabilities of $1,437, net assets of $464k.