Greater Faith Community Action Corporation

Analysis

Greater Faith Community Action Corporation is a registered charity in United States, based in Springfield, TN. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Greater Faith Community Action Corporation reported income of $343k and spending of $326k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $177k to $343k (+93%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Faith Community Action Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include MHC Chula Vista Non-Profit Housing Inc ($343k), Loving Hands Childrens Home ($343k) and Evergreen Village Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 3.7% of the total. Other salaries and wages came to $130k. At year end it held assets of $458k against liabilities of $107k, net assets of $351k. It reported 12 employees.