Faithful Friends Ministry Inc

Analysis

Faithful Friends Ministry Inc is a registered charity in United States, based in Battlefield, MO. It received its IRS tax-exemption ruling in November 2021, 5 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, Faithful Friends Ministry Inc reported income of $102k and spending of $27k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $102k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faithful Friends Ministry Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Christian Cable Ministries ($101k), Redeemed Christian Church of God House of Hope Orlando Inc ($102k) and The Barnabas Associates ($101k).

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 $197k against liabilities of $0, net assets of $197k.