Friendship Senior Options NFP

Analysis

Friendship Senior Options NFP is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Friendship Senior Options NFP reported income of $7.1m and spending of $6.9m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $8.2m to $7.1m (-13%), an average of -3.5% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friendship Senior Options NFP sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Community Housing Corporation of America Inc ($7.1m), Goodwin House Home and Community Based Services ($7.1m) and Casas Por Cristo ($7.0m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $763k (11% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.2m against liabilities of $10.7m, net assets of -$2.5m. It reported 903 employees.