Be a Friend Program Inc

Analysis

Be a Friend Program Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Be a Friend Program Inc reported income of $857k and spending of $1.2m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $857k (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Be a Friend Program 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 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Community Awareness Network for a Drugfree Life and Environment Inc ($855k), Hope Leadership Foundation ($858k) and Exclusive Kidz Zone ($855k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $110k (9.4% of expenses). Other salaries and wages came to $626k. At year end it held assets of $587k against liabilities of $228k, net assets of $359k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.