Ai and Faith
Analysis
Ai and Faith is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 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, Ai and Faith reported income of $59k and spending of $51k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $59k (+314%), an average of +314% a year. The sharpest change came in the year to December 2023, when income rose by 314%. Over the whole period it spent 90% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Ai and Faith sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Ministerios Exodo Lugar de Addracion Y Salvacion Inc ($59k), Kingdom Quest Ministries ($59k) and Chabad Torah Center Inc ($59k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ministerios Exodo Lugar de Addracion Y Salvacion Inc | Westfield | $59k |
| Kingdom Quest Ministries | Camp Hill | $59k |
| Chabad Torah Center Inc | Morristown | $59k |
| Journey Living Ministries | West Liberty | $59k |