Faso Education Foundation

Analysis

Faso Education Foundation is a registered charity in United States, based in Bay Village, OH. It received its IRS tax-exemption ruling in February 2018, 8 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 December 2023, Faso Education Foundation reported income of $52k and spending of $65k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $52k (+5.0%), an average of +5.0% a year. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faso Education Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Media Alliance of Houston Chapter of Alliance for Women in Media ($52k), International Wocnep ($52k) and Cocoa Beach Founders Club Inc ($52k).

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 $12k against liabilities of $47k, net assets of -$35k.