Follow the Need International Inc

Analysis

Follow the Need International Inc is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in February 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, Follow the Need International Inc reported income of $107k and spending of $96k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $107k (+5.0%), an average of +5.0% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Follow the Need International Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Helping Hands Healing Hearts ($107k), Dar-Ut-Tawheed ($107k) and French Christian Mission Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $36k against liabilities of $4,800, net assets of $32k.