Derry Friendship Center Inc

Analysis

Derry Friendship Center Inc is a registered charity in United States, based in Derry, NH. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Derry Friendship Center Inc reported income of $167k and spending of $62k, leaving 63% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $106k to $167k (+57%), an average of +57% a year. The sharpest change came in the year to March 2024, when income rose by 57%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Derry Friendship Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within NH. Charities of a similar size with the same main cause include Ke Kula O Hoomakuapono ($167k), Womans Educational Aid Association ($167k) and Friends of the Salt Lake City Public Library ($167k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $588k against liabilities of $36k, net assets of $552k.