Faber Institute

Analysis

Faber Institute is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Faber Institute reported income of $244k and spending of $248k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $193k to $244k (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 185%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faber Institute sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Billy Gray Ministries Inc ($244k), Extraordinary Lutheran Ministries ($244k) and Healing for the Nations Inc ($244k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 6.1% of the total. Other salaries and wages came to $98k. At year end it held assets of $405k against liabilities of $4,929, net assets of $400k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.