Faith Fund

Analysis

Faith Fund is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, Faith Fund reported income of $51k and spending of $61k, spending 121% of what it took in. Across the 2 years on record, from December 2018 to December 2019, income fell from $128k to $51k (-61%), an average of -60% a year. The sharpest change came in the year to December 2019, when income dropped by 61%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith Fund sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Global Humanitaria Corp ($51k), Tyrone Area Food Bank ($51k) and Bates Place Ministry ($51k).

On its Form 990-EZ for the period ending December 2019, revenue came from contributions and grants 96% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.