Bay Area Friendship Circle

Analysis

Bay Area Friendship Circle is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Bay Area Friendship Circle reported income of $730k and spending of $514k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $543k to $730k (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bay Area Friendship Circle sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Disability Relief Aid Foundation ($730k), Believet Canine Service Partners Inc ($730k) and Thats My School II Inc ($730k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Other salaries and wages came to $113k. At year end it held assets of $866k against liabilities of $158k, net assets of $708k. It reported 4 employees.