Faith Hope & Charity Inc

Analysis

Faith Hope & Charity Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 September 2023, Faith Hope & Charity Inc reported income of $506k and spending of $620k, spending 123% of what it took in. Across the 3 years on record, from September 2020 to September 2023, income grew from $8,000 to $506k (+6222%), an average of +695% a year. The sharpest change came in the year to September 2022, when income rose by 2659%. Over the whole period it spent 95% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Faith Hope & Charity Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Malikah Inc ($506k), Cair-Ma Inc ($506k) and Fourth Judicial Circuit Community Corrections Program ($505k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (16% of expenses). Other salaries and wages came to $263k. At year end it held assets of $61k against liabilities of $7,126, net assets of $54k. It reported 9 employees.