Face It Foundation

Analysis

Face It Foundation is a registered charity in United States, based in Shoreview, MN. It received its IRS tax-exemption ruling in July 2010, 16 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, Face It Foundation reported income of $417k and spending of $319k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $417k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Face It Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Brooklyn Beans Inc ($417k), Gilbert Education Foundation Inc ($417k) and Petersburg Library Foundation Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $125k (39% of expenses). At year end it held assets of $820k against liabilities of $245k, net assets of $575k. It reported 2 employees.