The Orange County Friendship Circle

Analysis

The Orange County Friendship Circle is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in August 2012, 14 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, The Orange County Friendship Circle reported income of $320k and spending of $526k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $362k to $320k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Orange County Friendship Circle sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Fall Creek School Age Program Inc ($320k), Soleana Stables ($320k) and Chestnut Hill Meals on Wheels ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $61k. At year end it held assets of $881k against liabilities of $156k, net assets of $725k. It reported 4 employees.