Faith Kids Inc

Analysis

Faith Kids Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Faith Kids Inc reported income of $71k and spending of $101k, spending 141% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $106k to $71k (-33%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith Kids Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within OK. Charities of a similar size with the same main cause include Pregnancy Care Center of Springfield Inc ($71k), Global Healthcare Foundation Inc ($71k) and Pan Long Island Challenge Inc ($71k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 132% of the total. At year end it held assets of $47k against liabilities of $99, net assets of $47k.