Fahrenheit

Analysis

Fahrenheit is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in January 2015, 11 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, Fahrenheit reported income of $190k and spending of $194k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $190k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fahrenheit sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Sportspersons Ministries Internl ($190k), Alliance International Ministries Inc ($190k) and Are You Listening ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (47% of expenses). At year end it held assets of $51k against liabilities of $157, net assets of $51k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.