Faith In Christ Ministries
- Assets
- $83.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/1955
- Data as of
- 12/2022
- EIN
- 95-3915612
Organization Overview
Faith In Christ Ministries is located in Los Angeles, CA. The organization was established in 1955. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Faith In Christ Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Faith In Christ Ministries generated $178.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $174.5k during the year ending 12/2022. While expenses have increased by 19.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Browne Pastor Executive Director | 40 | $0 | |
Gwynn Browne Administrative Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,601 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $81 |
| Gain or Loss | $583 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $69 |
| Total Revenue | $178,334 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,000 |
| Salaries, other compensation, and employee benefits | $300 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $83,703 |
| Printing, publications, postage, and shipping | $328 |
| Other expenses | $65,724 |
| Total expenses | $174,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,904 |
| Other assets | $0 |
| Total assets | $82,984 |
| Total liabilities | $265,874 |
| Net assets or fund balances | -$182,890 |