Friends of Little Portion Friary a K a Little Portion Friary

Analysis

Friends of Little Portion Friary a K a Little Portion Friary is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1993, 33 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, Friends of Little Portion Friary a K a Little Portion Friary reported income of $536k and spending of $416k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $536k (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Little Portion Friary a K a Little Portion Friary sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Metro Lifestyle Ministries Inc ($535k), Tucson Refugee Ministry ($536k) and Life Hub Inc ($535k).

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 $68k (16% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.1m against liabilities of $488, net assets of $1.1m. It reported 7 employees.