Faces of Valor USA Inc

Analysis

Faces of Valor USA Inc is a registered charity in United States, based in Crownsville, MD. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Valor USA Inc reported income of $162k and spending of $125k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $162k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 310%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faces of Valor USA Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Discovery Christian Academy ($162k), Midfield Institute of Cosmetology ($162k) and Greensboro Academy Boosters ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $50k (40% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.