Fic Ministries Foundation

Analysis

Fic Ministries Foundation is a registered charity in United States, based in Coweta, OK. It received its IRS tax-exemption ruling in October 1999, 27 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, Fic Ministries Foundation reported income of $70k and spending of $86k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $70k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fic Ministries Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include Hebrew Scriptures ($70k), Mision Del Dios Vivo de Aic ($71k) and Jacksonville Catholic Community ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.