Faith Village IV Inc

Analysis

Faith Village IV Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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 August 2023, Faith Village IV Inc reported income of $80k and spending of $88k, spending 109% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $79k to $80k (+1.7%), an average of +1.7% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Village IV Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Burtonsville Players Inc ($80k), Community Youth Orchestra of Southern California ($80k) and Pulteney Free Library ($80k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $210k against liabilities of $506k, net assets of -$296k.