Community of Faith Mission Inc
Analysis
Community of Faith Mission Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Community of Faith Mission Inc reported income of $154k and spending of $167k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $83k to $154k (+84%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 83% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community of Faith Mission Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Graybar Family Foundation ($154k), Little Lions Kenya Inc ($154k) and Ewc Adopt-A-Block Outreach ($154k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $100k. At year end it held assets of $284k against liabilities of $1,013, net assets of $283k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Other 36%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Graybar Family Foundation | Chesterfield | $154k |
| Little Lions Kenya Inc | Clinton | $154k |
| Ewc Adopt-A-Block Outreach | Salisbury | $154k |
| Helping Hand Community Development Corporation Inc | Little Rock | $154k |