Faces for Hope

Analysis

Faces for Hope is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 for Hope reported income of $404k and spending of $568k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $404k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Faces for Hope sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Acts 4 Rwanda Inc ($403k), Pathways to Peace ($404k) and Liberty Corner Mission USA ($403k).

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 $12k (2.1% of expenses). At year end it held assets of $312k against liabilities of $1, net assets of $312k.