Friendship Childrens Center Inc

Analysis

Friendship Childrens Center Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friendship Childrens Center Inc reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $634k to $1.4m (+121%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 88%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friendship Childrens Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Ready for School ($1.4m), White Horse Christian Academy LLC ($1.4m) and Harte Research Support Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $130k (11% of expenses). Other salaries and wages came to $697k. At year end it held assets of $1.8m against liabilities of $81k, net assets of $1.7m. It reported 37 employees.