House of Faith-San Angelo

Analysis

House of Faith-San Angelo is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in March 1994, 32 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, House of Faith-San Angelo reported income of $751k and spending of $1.1m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $751k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, House of Faith-San Angelo sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Princess Belemzy Ministries ($751k), Vietnamese Buddhism Study Temple in America ($752k) and Butman Methodist Camp and Retreat Center ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $62k (5.8% of expenses). Other salaries and wages came to $526k. At year end it held assets of $750k against liabilities of $50k, net assets of $700k. It reported 22 employees.