Spread the Faith Inc

Analysis

Spread the Faith Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Spread the Faith Inc reported income of $175k and spending of $174k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $175k (-2.8%), an average of -2.8% a year. 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, Spread the Faith Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Nothing Hidden Ministries ($175k), Signpost Inn ($175k) and Sojourner Ministries Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.