Faith in Action East Bay

Analysis

Faith in Action East Bay is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Faith in Action East Bay reported income of $833k and spending of $1.5m, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $833k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Faith in Action East Bay sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Maine Association of Nonprofits ($833k), Iquilt Partnership Inc ($834k) and San Diego Diplomacy Council ($833k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $269k (17% of expenses). Other salaries and wages came to $873k. At year end it held assets of $367k against liabilities of $56k, net assets of $311k. It reported 16 employees.