Friendship Senior Options Foundation NFP

Analysis

Friendship Senior Options Foundation 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 Foundation NFP reported income of $157k and spending of $54k, leaving 66% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $372k to $157k (-58%), an average of -19% a year. The sharpest change came in the year to March 2022, when income dropped by 69%. Over the whole period it spent 114% 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 Foundation NFP sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Wings for Women ($156k), Renovatus ($157k) and Prairie West Apartments Inc ($156k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $19k. At year end it held assets of $592k against liabilities of $0, net assets of $592k.