Facing Project Gives Inc

Analysis

Facing Project Gives Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Facing Project Gives Inc reported income of $60k and spending of $106k, spending 176% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $60k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 159% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Facing Project Gives Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Farm and Food Growth Fund Inc ($60k), Human Resources Development Fountaion Inc ($60k) and Relentless Foundation International ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $34k against liabilities of $1,330, net assets of $33k.