Richard Krantz Christian Faith Ministries

Analysis

Richard Krantz Christian Faith Ministries is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Richard Krantz Christian Faith Ministries reported income of $57k and spending of $66k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $57k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richard Krantz Christian Faith Ministries sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Anson Wolcott Historical Society Inc ($57k), PTA California Congress of Parents Teachers & Students Inc ($57k) and Westside Gymnastics Parents Club Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,349 against liabilities of $0, net assets of $9,349.