By Faith Ministries

Analysis

By Faith Ministries is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in November 1993, 33 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, By Faith Ministries reported income of $85k and spending of $97k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $85k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, By Faith Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Nallayidayan Good Shepherd Ministry Inc ($85k), World Reach Missions Inc ($85k) and Ramah International Inc ($85k).

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 $71k against liabilities of $46k, net assets of $25k.