Faithful Journey Foundation

Analysis

Faithful Journey Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Faithful Journey Foundation reported income of $846k and spending of $1.4m, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $6.4m to $846k (-87%), an average of -87% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faithful Journey Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Jewish Communities of Western ($845k), Greater Houston Community Foundation ($846k) and Create Birmingham ($845k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 1.6% of the total. At year end it held assets of $9.8m against liabilities of $7,284, net assets of $9.8m.