818 Forward with Faith Inc

Analysis

818 Forward with Faith Inc is a registered charity in United States, based in New Sharon, IA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 818 Forward with Faith Inc reported income of $373k and spending of $158k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $373k (+225%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 818 Forward with Faith Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Kids in Need of Supportive Services ($373k), Hopi Tutskwa Permaculture Institute Inc ($373k) and Marriageteam ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $8,500. At year end it held assets of $1.5m against liabilities of $460k, net assets of $1.0m. It reported 1 employees.