Davids Faith & Hope for Life Foundation

Analysis

Davids Faith & Hope for Life Foundation is a registered charity in United States, based in Goodrich, MI. It received its IRS tax-exemption ruling in June 2013, 13 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, Davids Faith & Hope for Life Foundation reported income of $134k and spending of $146k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $134k (+14%), an average of +14% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davids Faith & Hope for Life Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Everybody Wins-Iowa Inc ($134k), Myers Memorial Library ($134k) and Hostal Internacional de Santa Fe ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.