Walking Faith Ministry Inc

Analysis

Walking Faith Ministry Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1995, 31 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 2022, Walking Faith Ministry Inc reported income of $374k and spending of $413k, spending 111% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $369k to $374k (+1.3%), an average of +0.3% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Walking Faith Ministry Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Royal Oak Ministries Inc ($374k), Daughters of St Elias ($374k) and Crosstalk Global ($374k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $21k (5.0% of expenses). Other salaries and wages came to $49k. At year end it held assets of $98k against liabilities of $1,379, net assets of $96k. It reported 7 employees.