Faces of Courage Foundation

Analysis

Faces of Courage Foundation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faces of Courage Foundation reported income of $342k and spending of $355k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $342k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faces of Courage Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Syun ($342k), Lincoln YWCA ($342k) and Together Helping Others Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (27% of expenses). At year end it held assets of $60k against liabilities of $13k, net assets of $47k. It reported 1 employees.