Friendship-West Faithformula Humanservices

Analysis

Friendship-West Faithformula Humanservices is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2021, Friendship-West Faithformula Humanservices reported income of $862k and spending of $556k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2019 to September 2021, income grew from $290k to $862k (+197%), an average of +72% a year. The sharpest change came in the year to September 2021, when income rose by 155%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friendship-West Faithformula Humanservices sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Light Ministries Incorporated ($862k), Sacred Heart Radio Incorporated ($862k) and Josue Yrion World Evangelism and Missions Inc ($862k).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $239k. At year end it held assets of $296k against liabilities of $3,874, net assets of $293k. It reported 3 employees.