Friendship Mission

Analysis

Friendship Mission is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Friendship Mission reported income of $71k and spending of $47k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $108k to $71k (-35%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friendship Mission sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within AK. Charities of a similar size with the same main cause include Omni Affordable Housing Inc ($71k), Maxcen Housing Society Inc New Mexico Branch ($71k) and Westhampton Senior Housing Inc ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.