Phils Friends

Analysis

Phils Friends is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, 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, Phils Friends reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phils Friends sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Hanover Hospital Foundation ($1.5m), Fred Hollows Foundation USA ($1.5m) and Tree House Child Advocacy Center of Montgomery County MD Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (3.3% of expenses). Other salaries and wages came to $198k. At year end it held assets of $632k against liabilities of $58k, net assets of $575k. It reported 18 employees.