Foundation for Human Advancement

Analysis

Foundation for Human Advancement is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation for Human Advancement reported income of $74k and spending of $40k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $148k to $74k (-50%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for Human Advancement sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Mission of Hope International ($74k), Trinity Lutheran Church Endowment Foundation Inc ($74k) and Adonai Outreach Ministryincorporated ($74k).

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 $673k against liabilities of $358k, net assets of $315k.