Faith Revitalization Center Inc

Analysis

Faith Revitalization Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Faith Revitalization Center Inc reported income of $101k and spending of $28k, leaving 72% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $34k to $101k (+202%), an average of +202% a year. The sharpest change came in the year to June 2024, when income rose by 202%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faith Revitalization Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Logan County Healthcare Foundation Inc ($101k), San Marino Rotary Charities ($101k) and Livermore Pleasanton Firefighters Foundation Corporation ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.