Friends of Ngong Road

Analysis

Friends of Ngong Road is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Ngong Road reported income of $2.2m and spending of $1.1m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $780k to $2.2m (+181%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Ngong Road sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Aats Foundation ($2.2m), Cardiometabolic Center Alliance Inc ($2.2m) and The Village Project ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $141k (13% of expenses). Other salaries and wages came to $127k. At year end it held assets of $2.6m against liabilities of $15k, net assets of $2.6m. It reported 4 employees.