Faith Village Inc

Analysis

Faith Village Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Faith Village Inc reported income of $188k and spending of $172k, spending 92% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $174k to $188k (+7.6%), an average of +7.6% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Village Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Beneficial Rep Payee Services Inc ($188k), Mattoon Community Food Center ($188k) and Marblehead Food Pantry Inc ($188k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $264k against liabilities of $473k, net assets of -$209k.