Faces of Accomplishment Inc

Analysis

Faces of Accomplishment Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Faces of Accomplishment Inc reported income of $88k and spending of $115k, spending 131% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $190k to $88k (-54%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Faces of Accomplishment Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include American Legion Department of North Carolina Charities Inc ($88k), Future Farmers of America State Associations & Local Chapter ($88k) and Douglas Dicenzo Memorial Camp Fund ($88k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $388k against liabilities of $1,527, net assets of $387k.