Honduras Fountain of Life

Analysis

Honduras Fountain of Life is a registered charity in United States, based in Fletcher, NC. It received its IRS tax-exemption ruling in March 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, Honduras Fountain of Life reported income of $268k and spending of $277k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $485k to $268k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Honduras Fountain of Life 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 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Home to Enhance African Life ($268k), Kings Embrace ($268k) and Champions in Action Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.