Faith for Culture

Analysis

Faith for Culture is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, 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 for Culture reported income of $277k and spending of $201k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $337k to $277k (-18%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 2244%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith for Culture sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Dominion Financial Management Inc ($277k), Granger Food Bank ($277k) and Fuller Life Institute ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $88k (43% of expenses). At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 1 employees.