Faith for Today Inc

Analysis

Faith for Today Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faith for Today Inc reported income of $916k and spending of $904k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $707k to $916k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith for Today Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Kalachakra Buddha Association ($916k), Won Meditation Center ($916k) and Boy with a Ball Ministries ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.