Greater Faith Community Ministry Inc

Analysis

Greater Faith Community Ministry Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in April 2018, 8 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, Greater Faith Community Ministry Inc reported income of $266k and spending of $253k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $341k to $266k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. 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, Greater Faith Community Ministry Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Wagner Ministries International ($266k), Korinji Foundation ($266k) and Take It to the King Ministries ($266k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $33k (13% of expenses). Other salaries and wages came to $127k. At year end it held assets of $49k against liabilities of $0, net assets of $49k. It reported 10 employees.