Friends of Faces

Analysis

Friends of Faces is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Friends of Faces reported income of $515k and spending of $735k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $515k (-80%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 92%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Faces sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include New Hampshire Coalition of Recovery Residences ($515k), Sounds of Saving ($515k) and Acres for Life - Therapy & Wellness Center ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $13.8m against liabilities of $0, net assets of $13.8m.