Faith Walk Arklatex

Analysis

Faith Walk Arklatex is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in January 2023, 3 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, Faith Walk Arklatex reported income of $85k and spending of $80k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $85k (+6.0%), an average of +6.0% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Walk Arklatex sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Huangs Association USA Inc ($85k), Seeds of Hope Childrens Outreach ($85k) and Church at Sutcliffe ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.