Friends of Bonobos

Analysis

Friends of Bonobos is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2022, Friends of Bonobos reported income of $1.1m and spending of $1.3m, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $973k to $1.1m (+16%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Bonobos sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Salem Friends of Felines ($1.1m), Roice-Hurst Humane Society Inc ($1.1m) and Sweet Farm Foundation ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $257k. At year end it held assets of $193k against liabilities of $39k, net assets of $153k.