Friends for Life Inc

Analysis

Friends for Life Inc is a registered charity in United States, based in Yates Center, KS. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 for Life Inc reported income of $119k and spending of $79k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $119k (+13%), an average of +13% a year. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends for Life Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within KS. Charities of a similar size with the same main cause include Marion Rescue Squad Inc ($119k), Lynnwood Alano Club ($119k) and Minnesota Breastfeeding Coalition ($119k).

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 $384k against liabilities of $0, net assets of $384k.