Faith Mountain Ministries

Analysis

Faith Mountain Ministries is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in January 1980, 46 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 December 2023, Faith Mountain Ministries reported income of $168k and spending of $157k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $168k (+319%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 145%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith Mountain Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Jesus Inside Prison Ministry Inc ($168k), North Brunswick Cultural Center ($168k) and Amity Teen Center Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (66% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 3 employees.