International Council of Friends

Analysis

International Council of Friends is a registered charity in United States, based in Sugar Grove, IL. It received its IRS tax-exemption ruling in November 2005, 21 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, International Council of Friends reported income of $52k and spending of $86k, spending 165% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $52k (-74%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Council of Friends sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Newtown Community Foundation ($52k), Holly Fork Farm Educational Services Inc ($52k) and Rich Foundation Reaching Innocent Children Hearts ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,794 against liabilities of $0, net assets of $6,794.