Face of Hope Foundation

Analysis

Face of Hope Foundation is a registered charity in United States, based in Nokomis, FL. It received its IRS tax-exemption ruling in September 2011, 15 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 2022, Face of Hope Foundation reported income of $571k and spending of $613k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $353k to $571k (+61%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Face of Hope Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Be the Change Volunteers ($570k), American Friends of Nehora Inc ($571k) and Yamba Uganda Inc ($570k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.7% of the total. Other salaries and wages came to $472k. At year end it held assets of $121k against liabilities of $301k, net assets of -$180k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.