Faithaction International House

Analysis

Faithaction International House is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 1997, 29 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 2022, Faithaction International House reported income of $483k and spending of $734k, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $622k to $483k (-22%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income rose by 131%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faithaction International House sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Overcomer Foundation ($482k), Hope Network Ministries ($483k) and Endtime Rescue International Church ($482k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $301k. At year end it held assets of $1.3m against liabilities of $196k, net assets of $1.1m. It reported 18 employees.