Faith and Reason Institute
Analysis
Faith and Reason Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2023, Faith and Reason Institute reported income of $1.1m and spending of $802k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $838k to $1.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Faith and Reason Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include Order of Malta Pilgrimage Foundation ($1.1m), Reaching Hearts International Inc ($1.1m) and Empower International Inc ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $171k (21% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.8m against liabilities of $13k, net assets of $1.8m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Order of Malta Pilgrimage Foundation | New York | $1.1m |
| Reaching Hearts International Inc | Laurel | $1.1m |
| Empower International Inc | Chicago | $1.1m |
| Disciple Makers Network | Memphis | $1.1m |