Faith International Ministries Inc

Analysis

Faith International Ministries Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith International Ministries Inc reported income of $73k and spending of $72k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $73k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith International Ministries Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Kitty Hamilton Ministries ($73k), Stealth Company ($74k) and Muslim Center of Staten Island Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $162k, net assets of $106k.