Faith Baptist Church of Ferndale

Analysis

Faith Baptist Church of Ferndale is a registered charity in United States, based in Ferndale, WA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith Baptist Church of Ferndale reported income of $172k and spending of $159k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $158k to $172k (+8.8%), an average of +2.9% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Baptist Church of Ferndale sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Bible Exposition International ($172k), Rejected Stone Christian Fellowship Inc ($172k) and Your Kingdom Purpose Ministries Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $459k against liabilities of $274k, net assets of $185k.