Faithwalking

Analysis

Faithwalking is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in April 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, Faithwalking reported income of $355k and spending of $214k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $355k (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faithwalking sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Tshebiner Yeshiva Kohav Miyaacov of Jerusalem ($355k), Agape Mission of Bartlesville ($355k) and Alpine Angels Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $167k. At year end it held assets of $247k against liabilities of $2,843, net assets of $244k. It reported 3 employees.