Faith in Action Outreach Inc

Analysis

Faith in Action Outreach Inc is a registered charity in United States, based in Malakoff, TX. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Faith in Action Outreach Inc reported income of $335k and spending of $222k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $335k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Action Outreach Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Jefferson County Farmers Market ($335k), Around Again ($335k) and Tinker Tots Preschool Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.