Faith Home Restoration Inc

Analysis

Faith Home Restoration Inc is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Home Restoration Inc reported income of $112k and spending of $116k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $64k to $112k (+74%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Faith Home Restoration Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Southeastern Appalachian Rural Alliance Inc ($112k), Prayer and City Transformation Consulting ($112k) and Edison Terrace South ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.