Family of Faith Christian University a Corporation

Analysis

Family of Faith Christian University a Corporation is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family of Faith Christian University a Corporation reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $504k to $1.2m (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family of Faith Christian University a Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Land Trust for Louisiana ($1.2m), Genesis Christian School Inc ($1.2m) and Cherokee Farm Development Corporation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $242k (23% of expenses). Other salaries and wages came to $326k. At year end it held assets of $987k against liabilities of $212k, net assets of $775k. It reported 34 employees.