Faith Hope & Love Foundation
Only null% goes to programs Strong reserves Growing revenue
Faith Hope & Love Foundation is a 501(c)(3) organization based in Carlsbad, New Mexico, registered in 2015, with $1,018,699 in FY2024 revenue. CharityIndex grades it B.
933 N Canal St, Carlsbad, NM, 88220 EIN 46-5394469 Since 2015
Revenue (FY2024)
$1.0M
▲ 34.9% vs prior year
Human Services median: $293K
Expenses (FY2024)
$644K
Net assets
$3.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Faith Hope & Love Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating72 mo reserves · +37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Faith Hope & Love Foundation: 72 mo reserves · +37% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Faith Hope & Love Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Faith Hope & Love Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 933 N Canal St, Carlsbad, NM, 88220
- City
- Carlsbad
- State
- New Mexico
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue declined from $1.1M (FY2017) to $1.0M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $99KNet assets $3.8M
Operating margin
36.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$99K
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,018,699▲34.9% | $643,748▲11.5% | $3,835,929▲16.0% | $3,934,715▲18.1% | 990PF |
| 2023 | $755,410▲47.8% | $577,514▼14.7% | $3,307,843▲12.1% | $3,330,555▲12.7% | 990PF |
| 2022 | $511,134▼3.1% | $677,335▼24.1% | $2,950,732▼11.8% | $2,956,230▼11.8% | 990PF |
| 2021 | $527,719▼69.9% | $891,994▼17.2% | $3,344,933▼9.1% | $3,351,453▼9.2% | 990PF |
| 2020 | $1,751,320▼18.6% | $1,076,776▲80.7% | $3,678,415▲22.5% | $3,692,321▲22.6% | 990PF |
| 2019 | $2,151,695▲464% | $595,801▲86.8% | $3,003,871▲106% | $3,011,646▲106% | 990PF |
| 2018 | $381,604▼63.7% | $318,970▲42.6% | $1,458,876▲2.1% | $1,460,096▲1.2% | 990PF |
| 2017 | $1,051,038 | $223,707 | $1,428,755 | $1,442,137 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Faith Hope & Love Foundation a legitimate nonprofit?
- Yes. Faith Hope & Love Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-5394469, based in Carlsbad, New Mexico. Donations are tax-deductible.
- What is Faith Hope & Love Foundation's EIN?
- Faith Hope & Love Foundation's Employer Identification Number (EIN) is 46-5394469.
- How much revenue does Faith Hope & Love Foundation report?
- Faith Hope & Love Foundation reported $1,018,699 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Faith Hope & Love Foundation have?
- CharityIndex grades Faith Hope & Love Foundation B, based on financial health (reserves and operating margin).
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Data for Faith Hope & Love Foundation (EIN 46-5394469) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.