Faith N Friends

Analysis

Faith N Friends is a registered charity in United States, based in Powell, TN. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Faith N Friends reported income of $196k and spending of $134k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $196k (+459%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Faith N Friends sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include For Pets Sake Rescue ($196k), Florida Rescue Ranch Inc ($196k) and Feline Urban Rescue & Rehab Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 4.5% of the total. At year end it held assets of $190k against liabilities of $33k, net assets of $157k.