Mase Faith Foundation Inc

Analysis

Mase Faith Foundation Inc is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2023, Mase Faith Foundation Inc reported income of $54k and spending of $47k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $54k (+2.6%), an average of +2.6% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mase Faith Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Sacramento Developer Collective ($54k), Mullan Community Foundation Inc ($54k) and Over-The-Rhine Revitalization Corporation ($54k).

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 $15k against liabilities of $10k, net assets of $5,492.