Faith Christian Missions

Analysis

Faith Christian Missions is a registered charity in United States, based in Webb, AL. It received its IRS tax-exemption ruling in November 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Faith Christian Missions reported income of $677k and spending of $654k, spending 97% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $461k to $677k (+47%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Christian Missions sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Mt Airy Youth Athletic Assn Inc ($677k), Chinese Family for Christ USA Inc ($677k) and Society of University Surgeons Inc ($677k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $187k (29% of expenses). At year end it held assets of $1.6m against liabilities of $13k, net assets of $1.6m.