The Friendship Paddle

Analysis

The Friendship Paddle is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Friendship Paddle reported income of $432k and spending of $421k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $432k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Friendship Paddle sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include United Way of Walworth County Inc ($432k), Common Good ($432k) and Tony Patino Fellowship Corp ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $239k against liabilities of $7,214, net assets of $232k.