Father Factor

Analysis

Father Factor is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Father Factor reported income of $2.2m and spending of $2.0m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.2m to $2.2m (+76%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Father Factor sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Puyallup Valley St Francis House ($2.2m), House of Mercy Inc ($2.2m) and Creekside Counseling Center Inc ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (3.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $339k against liabilities of $0, net assets of $339k.