Faith Aid EIN 46-3260343 Form 990 (PDF) Claim this org

Faith Aid

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Provides healthcare and support to the sick and suffering in Jesus' name. For fiscal year 2024 it reported $1.2M in revenue, $735K in expenses, and $816K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Ashburn, VA
Website
www.faithaid.org
Filings
5 on file (2020–2024)
Revenue
$1.2MFY2024
Expenses
$735K
Net assets
$816K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3260343 Public charity (501(c)(3)) Ashburn, VA
Form 990 (PDF)
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Size
$1–10M
What they do
Provides healthcare and support to the sick and suffering in Jesus' name.
Leadership
Jacob Fraher · President · $100K
Money in and out
$1.2M revenue, $735K expenses
Bottom line
88% program efficiency
Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$735K
Pt IX · Ln 25
Net assets
$816K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $459K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.06 Fundraising $0.06
Program efficiency
88%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
13.3mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
+38%
revenue over expenses, this year▼ -6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +109%
Expenses
$735K
FY2024▲ +118%
Total assets
$816K
FY2024▲ +129%
Total liabilities
$65
FY2024▲ +86%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$735K
Pt IX · Ln 25
Net assets
$816K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$459K
Total assetsPt X · Ln 16$816K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFaith Aid
EINHdr · item D46-3260343
Principal addressHdr · item CAshburn, VA
WebsiteHdr · item Jwww.faithaid.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFDec 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$100,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jacob Fraher’s $100K as President is at the 31st percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Jacob Fraher$100,300$30,862

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $647K of program spending, described in the organization's own filed words · FY2024.
01

Our Room for More program provides grants to expand Mustard Seed House capacity in Kenya and launch new houses near additional partner mission hospitals. Demand for our services exceeds current space, leaving families in medical crisis without safe lodging, meals, and Gospel-centered care.

$216Kprogram expense
02

Our Compassionate Care program provides grants to Christian mission hospitals in Kenya to serve patients living in poverty. We help cover costs for those with urgent needs in cardiac, neuro, orthopedic, pediatric, pediatric surgery, renal, emergency, and oncology care.

$216Kprogram expense
03

Mustard Seed House is a Christian ministry in Kenya caring for families with sick children. Each home is within walking distance of a Christian mission hospital, where specialized care draws families from across the region, nation, and even the continent.

$216Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.2M
Investment income$59
Other revenue$221
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.06 Fundraising $0.06
Program services88%$647K
Management & general6%$43K
Fundraising6%$45K
Total functional expensesLn 25$735K

Balance Sheet

Part X · end of year
CashLn 1$816K
Total assetsLn 16$816K
Total liabilitiesLn 26$65
Total net assetsLn 32$816K
Months of cash on handcomputed13.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $816K · Operating expenses/yr $735K
13.3 months
Where the money goes
Program services
Program services $647K · Total expenses $735K
88%
Management & General
Management & general $43K · Total expenses $735K
6%
Fundraising
Fundraising $45K · Total expenses $735K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $674K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.2M
100%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $59 · Total revenue $1.2M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $735K
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $570K
+109%
Revenue CAGR
FY2020 $54K · FY2024 $1.2M
+117%
Net-asset trend (YoY)
End of year $816K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $735K
+38%
Liabilities-to-Assets
Total liabilities — · Total assets $816K
Net-asset ratio
Net assets $816K · Total assets $816K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $816K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jacob Fraher · Reported title President · Highest reported compensation $100K · Total expenses $735K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $159K · Total expenses $735K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 6%
Fundraising cost ratio 4%
Revenue growth 109%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$76K
Grants paid · 1 grant · $15K · 2024–2024
World Gospel MissionIN · FY2024$15,350

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$570K revenue · ⤓ 990 PDF
FY2022$260K revenue · ⤓ 990 PDF
FY2021$68K revenue · ⤓ 990 PDF
FY2020$54K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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