Faith Community Pharmacy Inc

Analysis

Faith Community Pharmacy Inc is a registered charity in United States, based in Newport, KY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Faith Community Pharmacy Inc reported income of $5.8m and spending of $4.6m, leaving 20% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income grew from $4.1m to $5.8m (+41%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Community Pharmacy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include United Cerebral Palsy of the Inland Empire ($5.8m), Health Care Centers in Schools ($5.8m) and Wings for Life USA - Spinal Cord Research Foundation Inc ($5.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $94k (2.0% of expenses). At year end it held assets of $2.2m against liabilities of $58k, net assets of $2.1m. It reported 8 employees.