City of Faith Prison Ministries

Analysis

City of Faith Prison Ministries is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in October 1983, 43 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 2023, City of Faith Prison Ministries reported income of $9.5m and spending of $7.8m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $9.5m (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, City of Faith Prison Ministries sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Christian Television Corporation Inc ($9.5m), Western Diocese Endowment Fund Inc ($9.5m) and Ohr Torah Stone Institutions of Isr Ael ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $10.4m against liabilities of $1.3m, net assets of $9.1m. It reported 101 employees.