Found and Favored Ministries

Analysis

Found and Favored Ministries is a registered charity in United States, based in Pleasant Gap, PA. It received its IRS tax-exemption ruling in July 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, Found and Favored Ministries reported income of $453k and spending of $531k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $453k (+117%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Found and Favored Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Vien an Buddhist Association ($453k), Catholic Guy Inc ($453k) and Wings As Eagles Mission Air Service Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $58k (11% of expenses). Other salaries and wages came to $39k. At year end it held assets of $35k against liabilities of $54k, net assets of -$19k. It reported 2 employees.