Family of Faith Inc

Analysis

Family of Faith Inc is a registered charity in United States, based in Monroe, NJ. It received its IRS tax-exemption ruling in June 2005, 21 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 Faith Inc reported income of $111k and spending of $100k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $111k (+7.5%), an average of +1.8% a year. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family of Faith Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Kollel Nachlas Dov Inc ($111k), Dr Carol Ministries Inc ($111k) and Restored to Freedom LLC ($111k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $529k against liabilities of $0, net assets of $529k.