Faith House Inc

Analysis

Faith House Inc is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in April 2020, 6 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, Faith House Inc reported income of $130k and spending of $129k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $130k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith House Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Kingdomsongs Inc ($130k), Nanaksar Darbar Langar Mata Sahib Kaur Ji Inc ($130k) and Mountaintop Broadcasting Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (31% of expenses). Other salaries and wages came to $53k. At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 2 employees.