Five Talents Faithful

Analysis

Five Talents Faithful is a registered charity in United States, based in Mountain View, AR. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Five Talents Faithful reported income of $182k and spending of $200k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $249k to $182k (-27%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five Talents Faithful sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within AR. Charities of a similar size with the same main cause include Dacotah Prairie Museum Foundation Inc ($182k), California Rare Fruit Growers ($182k) and Winona Forest Recreation Association Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $76k (38% of expenses). At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 1 employees.