Friendly Hills Charitable Foundation Inc

Analysis

Friendly Hills Charitable Foundation Inc is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Friendly Hills Charitable Foundation Inc reported income of $151k and spending of $163k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $81k to $151k (+88%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friendly Hills Charitable Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Pacifica Girls Softball League ($151k), Bayou Region Volleyball Association ($151k) and Race Cats ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $16k (9.9% of expenses). Other salaries and wages came to $8,070. At year end it held assets of $456k against liabilities of $467k, net assets of -$12k. It reported 7 employees.