Facts Education Fund

Analysis

Facts Education Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Facts Education Fund reported income of $117k and spending of $150k, spending 128% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $61k to $117k (+94%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 147%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Facts Education Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Chatham Homes for Elderly Inc ($117k), Wood-N-Hearts ($117k) and Sohum Housing Opportunities ($117k).

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 $37k against liabilities of $1,083, net assets of $36k.