Fortify Your Faith Foundation Inc
Analysis
Fortify Your Faith Foundation Inc is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in February 2003, 23 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, Fortify Your Faith Foundation Inc reported income of $613k and spending of $683k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $638k to $613k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income rose by 40%. 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, Fortify Your Faith Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Chassidus in English Inc ($613k), Unified Muslim Community ($614k) and Apologetics Inc ($613k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $382k (56% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.7m against liabilities of $537k, net assets of $1.1m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 0.7%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chassidus in English Inc | Brooklyn | $613k |
| Unified Muslim Community | Ashland | $614k |
| Apologetics Inc | Trinity | $613k |
| Crossroads Community Church | Lebanon | $614k |