Faith Family Education Foundation

Analysis

Faith Family Education Foundation is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Faith Family Education Foundation reported income of $281k and spending of $110k, leaving 61% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $255k to $281k (+9.8%), an average of +9.8% a year. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faith Family Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Career Development and Placement Strategies Inc ($281k), Bloom Community School Inc ($281k) and Boyds Organization for Youth Development Services Inc ($281k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $653k against liabilities of $0, net assets of $653k.