Faith Community Inc

Analysis

Faith Community Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Community Inc reported income of $138k and spending of $70k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $138k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Community Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Hope Ministries ($138k), Hi-Way Bi-Way Christian Crusade Inc ($138k) and Waves of Grace ($138k).

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 $87k against liabilities of $0, net assets of $87k.