Faith and Family Foundation Inc

Analysis

Faith and Family Foundation Inc is a registered charity in United States, based in Upperville, VA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Faith and Family Foundation Inc reported income of $895k and spending of $548k, leaving 39% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $764k to $895k (+17%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faith and Family Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Kingdomworks SDG Foundation ($894k), John T and Jane a Wiederhold Foundation ($895k) and Marjorie M Bringe Charitable TR ($894k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $3.2m against liabilities of $1.5m, net assets of $1.7m. It reported 4 employees.