Favor International Inc

Analysis

Favor International Inc is a registered charity in United States, based in Valrico, FL. It received its IRS tax-exemption ruling in March 2016, 10 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 2023, Favor International Inc reported income of $7.6m and spending of $7.4m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $798k to $7.6m (+850%), an average of +57% a year. The sharpest change came in the year to December 2020, when income rose by 201%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Favor International Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Ciee HS Foundation ($7.6m), Catalyst Campus for Technology and Innovation Inc ($7.6m) and Integral Global Health Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (0.6% of expenses). Other salaries and wages came to $717k. At year end it held assets of $702k against liabilities of $32k, net assets of $670k. It reported 24 employees.