Family of Christ USA Inc

Analysis

Family of Christ USA Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 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, Family of Christ USA Inc reported income of $483k and spending of $359k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $227k to $483k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family of Christ USA Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Hope Network Ministries ($483k), Teach the Story ($483k) and Faithaction International House ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $140k against liabilities of $774, net assets of $139k.