Factor-H

Analysis

Factor-H is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Factor-H reported income of $343k and spending of $261k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $343k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Factor-H sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Frontline Resurrection ($343k), Center for Creative Aging North Carolina ($343k) and Family Promise of the Palouse Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.