Be Faithful Inc

Analysis

Be Faithful Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in July 2019, 7 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, Be Faithful Inc reported income of $95k and spending of $129k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $95k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Be Faithful Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Catholic Missionary Disciples ($95k), Dalton Islamic Center Inc ($95k) and Disciple Nations International Ministries Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 1.6% of the total. At year end it held assets of $117k against liabilities of $3,743, net assets of $114k.