Faith Hope Love Foundation
EIN: 462733036 · Chapin, SC · NTEE: A99
Is Faith Hope Love Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Faith Hope Love Foundation
Faith Hope Love Foundation (EIN: 462733036) is a nonprofit organization based in Chapin, SC, classified under NTEE code A99. The organization reported total revenue of $900 and total assets of $129 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faith Hope Love Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Faith Hope Love Foundation 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 Hope Love Foundation 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.
Frequently Asked Questions about Faith Hope Love Foundation
Is Faith Hope Love Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Faith Hope Love Foundation (EIN: 462733036) insufficient data. 0 red flags identified, 0 strengths noted.
How does Faith Hope Love Foundation spend its money?
Detailed spending breakdown data is not yet available for Faith Hope Love Foundation. Check back for updated IRS 990 analysis.
Are donations to Faith Hope Love Foundation tax-deductible?
Faith Hope Love Foundation is registered as a tax-exempt nonprofit (EIN: 462733036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Faith Hope Love Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2019), Faith Hope Love Foundation's revenue has declined by 67.9%, moving from $3K to $900. Total assets decreased by 77.8% over the same period, from $580 to $129. Total functional expenses rose by 200.6%, from $2K to $7K. In its most recent filing year (2019), Faith Hope Love Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $129 in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $128.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $900 | $7K | $129 | $1 | — | View 990 |
| 2014 | $13K | $11K | $2K | $1 | — | View 990 |
| 2013 | $3K | $2K | $580 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $900, expenses of $7K, and assets of $129 (revenue -92.9% year-over-year).
- 2014: Revenue of $13K, expenses of $11K, and assets of $2K (revenue +350.8% year-over-year).
- 2013: Revenue of $3K, expenses of $2K, and assets of $580.
Data Sources and Methodology
This transparency report for Faith Hope Love Foundation 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.