Faith Fourth of July Committee

Analysis

Faith Fourth of July Committee is a registered charity in United States, based in Faith, NC. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Faith Fourth of July Committee reported income of $146k and spending of $146k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $146k (-2.1%), an average of -2.1% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Fourth of July Committee sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Upper Dauphin Human Services Center Inc ($146k), Truth Synergies NFP ($146k) and Leahs Hope Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.