Faith & Hope Foundation Inc

Analysis

Faith & Hope Foundation Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 & Hope Foundation Inc reported income of $183k and spending of $182k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $106k to $183k (+73%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Faith & Hope Foundation Inc 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 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Safari Club International Foundation ($183k), Louisville Dog Run Association Inc ($183k) and Amazing Grace Pet Rescue ($183k).

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 $22k against liabilities of $0, net assets of $22k.