Faith Christian Ministries of Nash County

Analysis

Faith Christian Ministries of Nash County is a registered charity in United States, based in Nashville, NC. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Faith Christian Ministries of Nash County reported income of $306k and spending of $234k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $306k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Christian Ministries of Nash County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Pray Love Unite Ministries Incorporated ($306k), Moles Charitable Fund Inc ($307k) and Reach Ministries International ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. Other salaries and wages came to $112k. At year end it held assets of $466k against liabilities of $6,429, net assets of $459k. It reported 11 employees.