FFX Ministries Inc

Analysis

FFX Ministries Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, FFX Ministries Inc reported income of $224k and spending of $225k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $197k to $224k (+14%), an average of +6.7% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, FFX Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Artlife Productions Inc ($224k), West Side Theatre Foundation ($224k) and Theatre for Young America Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 51% of the total. Other salaries and wages came to $31k. At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 7 employees.