Faith Tabernacle Ministries Inc

Analysis

Faith Tabernacle Ministries Inc is a registered charity in United States, based in Junction City, KS. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Tabernacle Ministries Inc reported income of $287k and spending of $165k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $287k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Tabernacle Ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KS. Charities of a similar size with the same main cause include American Roundtable to Abolish Homelessness Inc ($287k), Leaps of Love ($287k) and Minot Area Homeless Coalition Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.