Faith And Hope Sanctuary
EIN: 743101850 · Pendleton, SC · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $64K |
| Net Assets | $790K |
Is Faith And Hope Sanctuary Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith And Hope Sanctuary
Faith And Hope Sanctuary (EIN: 743101850) is a nonprofit organization based in Pendleton, SC, classified under NTEE code D20. The organization reported total revenue of $139K and total assets of $839K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith And Hope Sanctuary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faith And Hope Sanctuary is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $64K |
| Surplus / Deficit | $-53,917 |
| Total Assets | $790K |
| Total Liabilities | $1 |
| Net Assets | $790K |
| Operating Margin | -536.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 148.2 months |
Financial Health Grade: B
In 2022, Faith And Hope Sanctuary reported a deficit of $54K with expenses exceeding revenue, holds 148.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2010–2022), Faith And Hope Sanctuary's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -81.3% | +19.8% | +14.9% |
| 2021 | -59.9% | -5.1% | +0.1% |
| 2020 | -79.4% | +37.7% | +12.8% |
| 2019 | +1223.3% | -15.2% | +68124.3% |
| 2015 | +43.3% | +33.7% | +89200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Faith And Hope Sanctuary has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Faith And Hope Sanctuary with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Faith And Hope Sanctuary
Is Faith And Hope Sanctuary a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith And Hope Sanctuary (EIN: 743101850) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith And Hope Sanctuary spend its money?
Detailed spending breakdown data is not yet available for Faith And Hope Sanctuary. Check back for updated IRS 990 analysis.
Are donations to Faith And Hope Sanctuary tax-deductible?
Faith And Hope Sanctuary is registered as a tax-exempt nonprofit (EIN: 743101850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Faith And Hope Sanctuary located?
Faith And Hope Sanctuary is headquartered in Pendleton, South Carolina and files with the IRS under EIN 743101850. It is classified under NTEE code D20.
How many years of IRS 990 filings does Faith And Hope Sanctuary have?
Faith And Hope Sanctuary has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $139K in total revenue.
Filing History
IRS 990 filing history for Faith And Hope Sanctuary showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2022), Faith And Hope Sanctuary's revenue has declined by 69.3%, moving from $33K to $10K. Total assets increased by 81776.6% over the same period, from $965 to $790K. Total functional expenses rose by 93.7%, from $33K to $64K. In its most recent filing year (2022), Faith And Hope Sanctuary reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $790K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $790K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $10K | $64K | $790K | $1 | — | View 990 |
| 2021 | $54K | $53K | $687K | $1 | — | View 990 |
| 2020 | $134K | $56K | $687K | $1 | — | View 990 |
| 2019 | $650K | $41K | $609K | $1 | — | — |
| 2015 | $49K | $48K | $893 | $1 | — | View 990 |
| 2014 | $34K | $36K | $1 | $1 | — | View 990 |
| 2013 | $40K | $41K | $2K | $1 | — | View 990 |
| 2012 | $37K | $35K | $3K | $1 | — | View 990 |
| 2011 | $28K | $28K | $1K | $1 | — | View 990 |
| 2010 | $33K | $33K | $965 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $10K, expenses of $64K, and assets of $790K (revenue -81.3% year-over-year).
- 2021: Revenue of $54K, expenses of $53K, and assets of $687K (revenue -59.9% year-over-year).
- 2020: Revenue of $134K, expenses of $56K, and assets of $687K (revenue -79.4% year-over-year).
- 2019: Revenue of $650K, expenses of $41K, and assets of $609K (revenue +1223.3% year-over-year).
- 2015: Revenue of $49K, expenses of $48K, and assets of $893 (revenue +43.3% year-over-year).
- 2014: Revenue of $34K, expenses of $36K, and assets of $1 (revenue -13.3% year-over-year).
- 2013: Revenue of $40K, expenses of $41K, and assets of $2K (revenue +6.4% year-over-year).
- 2012: Revenue of $37K, expenses of $35K, and assets of $3K (revenue +30.4% year-over-year).
- 2011: Revenue of $28K, expenses of $28K, and assets of $1K (revenue -13.0% year-over-year).
- 2010: Revenue of $33K, expenses of $33K, and assets of $965.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faith And Hope Sanctuary:
Data Sources and Methodology
This transparency report for Faith And Hope Sanctuary is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.