Bristol Faith in Action Inc

Analysis

Bristol Faith in Action Inc is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bristol Faith in Action Inc reported income of $284k and spending of $353k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $284k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bristol Faith in Action 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 60th percentile within VA. Charities of a similar size with the same main cause include Perry-Jackson Child Advocacy Center ($284k), Clear Lake Food Pantry ($284k) and More ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $91k. At year end it held assets of $987k against liabilities of $1,706, net assets of $985k. It reported 2 employees.