Faith 7 Activity Center Inc
Analysis
Faith 7 Activity Center Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in September 1970, 56 years ago. 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 June 2023, Faith 7 Activity Center Inc reported income of $507k and spending of $489k, spending 96% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $290k to $507k (+75%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith 7 Activity Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include South Texas Youth Soccer ($507k), Manufactoring Alliance Service Corporation Inc ($507k) and Oyster River Youth Association ($507k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 1.4% of the total. Other salaries and wages came to $313k. At year end it held assets of $768k against liabilities of $153k, net assets of $615k. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 1.4%
- Other 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Texas Youth Soccer | Beaumont | $507k |
| Manufactoring Alliance Service Corporation Inc | Waterbury | $507k |
| Oyster River Youth Association | Madbury | $507k |
| Key Concepts Inc | Fort Wayne | $507k |