St James Faith Lab

Analysis

St James Faith Lab is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St James Faith Lab reported income of $478k and spending of $458k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $245k to $478k (+95%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St James Faith Lab sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include All for Jesus Inc ($478k), Awaken the Dawn ($478k) and 24-7 Prayer ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $356k against liabilities of $39k, net assets of $317k.