Faith Crusades Ministries

Analysis

Faith Crusades Ministries is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in December 1992, 34 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, Faith Crusades Ministries reported income of $1.0m and spending of $674k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $90k to $1.0m (+1014%), an average of +123% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Crusades Ministries sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Christian Mens Network ($1.0m), Meadowkirk Inc ($1.0m) and Illyricum Movement ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $20k (3.0% of expenses). Other salaries and wages came to $39k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 3 employees.