Faces Foundation

Analysis

Faces Foundation is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faces Foundation reported income of $80k and spending of $25k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $80k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faces Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within AR. Charities of a similar size with the same main cause include Dayspring Discipleship Institute ($80k), Successful Living Concepts Inc ($80k) and Casa de Vida ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.