The Fid Group

Analysis

The Fid Group is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Fid Group reported income of $4.4m and spending of $4.6m, spending 104% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.1m to $4.4m (+299%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 148%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Fid Group sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include First Methodist Church of Fort Worth Foundation Inc ($4.4m), Cornerstone Television Inc ($4.4m) and Gospelink Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $137k (3.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.2m against liabilities of $295k, net assets of $1.9m. It reported 34 employees.