Faith in Action Bay Area

Analysis

Faith in Action Bay Area is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in June 1984, 42 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, Faith in Action Bay Area reported income of $1.8m and spending of $1.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Faith in Action Bay Area sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include McAuley Corporation ($1.8m), Ridgefield Christian School Inc ($1.8m) and Revel ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $108k (5.9% of expenses). Other salaries and wages came to $756k. At year end it held assets of $2.7m against liabilities of $154k, net assets of $2.5m. It reported 22 employees.