Skip to the page content
Passes our checks

Ancient Faith Ministries

EIN 33-1061947 · Chesterton, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceWeak45 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The organization publishes Orthodox Christian books and literature and operates three internet religious radio stations for the purpose of introducing and teaching about Orthodox Christianity to the United States and the rest of the world.

Income
$3.8 million
Spending
$3.7 million
Spent on programs
77%
Reserves
4.6 months of spending
Largest source of income
other income, 68%
Employees
26
Highest pay
$135,387, president & ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 64% of charities in its peer group (religion, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.6 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    15 of 15

    Income rose 9% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 45 out of 100. Higher than 17% of charities in its peer group (religion, $1m to $10m).

  • Independent board

    25 of 25

    8 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.8 million spent. Ancient Faith Publishing publishes a large number of books, booklets and brochures with regard to various aspects of Orthodox Christianity. It also sells religious icons, religious jewelery and liturgical items for the home. It also sells books from other publishers regarding Orthodox Christianity. Presently, Ancient Faith Publishing has approximately 240 active book titles in print in addition to E-books, audio-books and an array of literature in booklet/brochure format. Approximately 50% of its sales are to Orthodox and other Christian bookstores, churches and church bookstores. The other 50% of its sales are to individuals. It distributes Orthodox books and literature to approximately 2,000 wholesale customers (bookstores and church bookstores) as well as a number of individuals. The purpose of this distribution is to introduce Orthodox Christianity to non-ORthodox Christians and to enlighten and teach Orthodox Christians about their faith.
  2. $997,864 spent. Ancient Faith Radio operates three internet religious radio stations, two of which primarily provide music (English language and global) and the other of which primarily focuses on conversation, lectures and presentations about Orthodox Christianity. The radio stations' reach is primarily in the United States, but there are regular listeners in various other countries world-wide. At the present time, with regard to its podcasts, which feature a large number of speakers on a variety of religious topics, there are over 375,000 downloads of the content every month as well as nearly 46,000 episodes of podcasts and 8 live shows. The purpose of the content for these three radio stations and all the podcasts is to introduce Orthodox Christianity to non-Orthodox Christians and to enlighten and teach Orthodox Christians about their faith.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.