Taking a Leap of Faith Ministries Inc

Analysis

Taking a Leap of Faith Ministries Inc is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Taking a Leap of Faith Ministries Inc reported income of $173k and spending of $173k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $173k (+8.9%), an average of +8.9% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Taking a Leap of Faith Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Prestons H O P E ($173k), Piedmont Down Syndrome Support Network ($173k) and Dubois County Coalition for Adolescent Resilience and Empowerm ($173k).

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 $5,082 against liabilities of $0, net assets of $5,082.