Build the Faith Inc

Analysis

Build the Faith Inc is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Build the Faith Inc reported income of $130k and spending of $180k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $90k to $130k (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Build the Faith Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Kollel Ateres Mordechai ($130k), Quiet Time Ministries ($130k) and One Simple Voice ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.