Friends of Night People Inc

Analysis

Friends of Night People Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1978, 48 years ago. 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, Friends of Night People Inc reported income of $1.7m and spending of $1.1m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $808k to $1.7m (+113%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Night People Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include The Greater Johnstown Community Y M C a ($1.7m), Women in Government Foundation Inc ($1.7m) and Volunteers for Community Impact Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $121k (11% of expenses). Other salaries and wages came to $330k. At year end it held assets of $2.7m against liabilities of $21k, net assets of $2.7m. It reported 23 employees.