Faithcentre
EIN: 30525345 · Bellefonte, PA · NTEE: P29
Is Faithcentre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faithcentre
Faithcentre (EIN: 30525345) is a nonprofit organization based in Bellefonte, PA, classified under NTEE code P29. The organization reported total revenue of $537K and total assets of $745K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faithcentre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faithcentre is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $470K |
| Total Expenses | $523K |
| Surplus / Deficit | $-53,178 |
| Total Assets | $782K |
| Total Liabilities | $174K |
| Net Assets | $608K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 22.2% |
| Months of Reserves | 17.9 months |
Financial Health Grade: B
In 2023, Faithcentre reported a deficit of $53K with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Faithcentre's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.9% | -12.8% | -9.2% |
| 2022 | +19.6% | +6.4% | +29.0% |
| 2021 | +43.8% | +15.7% | +10.0% |
| 2020 | -12.3% | -2.0% | +1.7% |
| 2019 | +6.0% | +13.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faithcentre has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Faithcentre with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.2%.
Frequently Asked Questions about Faithcentre
Is Faithcentre a legitimate charity?
Based on AI analysis of IRS 990 filings, Faithcentre (EIN: 30525345) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faithcentre spend its money?
Detailed spending breakdown data is not yet available for Faithcentre. Check back for updated IRS 990 analysis.
Are donations to Faithcentre tax-deductible?
Faithcentre is registered as a tax-exempt nonprofit (EIN: 30525345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Faithcentre showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Faithcentre's revenue has grown by 51.8%, moving from $310K to $470K. Total assets increased by 1553.6% over the same period, from $47K to $782K. Total functional expenses rose by 69.3%, from $309K to $523K. In its most recent filing year (2023), Faithcentre reported a deficit of $53K, with expenses exceeding revenue. The organization holds $174K in liabilities against $782K in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $608K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $470K | $523K | $782K | $174K | — | — |
| 2022 | $796K | $600K | $860K | $181K | — | View 990 |
| 2021 | $665K | $564K | $667K | $185K | — | View 990 |
| 2020 | $463K | $488K | $606K | $225K | — | View 990 |
| 2019 | $527K | $498K | $596K | $190K | — | View 990 |
| 2018 | $497K | $439K | $564K | $194K | — | View 990 |
| 2017 | $442K | $416K | $504K | $195K | — | View 990 |
| 2016 | $431K | $361K | $474K | $197K | — | View 990 |
| 2015 | $384K | $359K | $409K | $204K | — | View 990 |
| 2014 | $439K | $408K | $324K | $198K | — | View 990 |
| 2013 | $355K | $349K | $295K | $200K | — | View 990 |
| 2012 | $353K | $307K | $93K | $3K | — | View 990 |
| 2011 | $310K | $309K | $47K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $470K, expenses of $523K, and assets of $782K (revenue -40.9% year-over-year).
- 2022: Revenue of $796K, expenses of $600K, and assets of $860K (revenue +19.6% year-over-year).
- 2021: Revenue of $665K, expenses of $564K, and assets of $667K (revenue +43.8% year-over-year).
- 2020: Revenue of $463K, expenses of $488K, and assets of $606K (revenue -12.3% year-over-year).
- 2019: Revenue of $527K, expenses of $498K, and assets of $596K (revenue +6.0% year-over-year).
- 2018: Revenue of $497K, expenses of $439K, and assets of $564K (revenue +12.4% year-over-year).
- 2017: Revenue of $442K, expenses of $416K, and assets of $504K (revenue +2.7% year-over-year).
- 2016: Revenue of $431K, expenses of $361K, and assets of $474K (revenue +12.3% year-over-year).
- 2015: Revenue of $384K, expenses of $359K, and assets of $409K (revenue -12.6% year-over-year).
- 2014: Revenue of $439K, expenses of $408K, and assets of $324K (revenue +23.7% year-over-year).
- 2013: Revenue of $355K, expenses of $349K, and assets of $295K (revenue +0.4% year-over-year).
- 2012: Revenue of $353K, expenses of $307K, and assets of $93K (revenue +14.0% year-over-year).
- 2011: Revenue of $310K, expenses of $309K, and assets of $47K.
Data Sources and Methodology
This transparency report for Faithcentre is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.