Friendship Living Bryant Inc

Analysis

Friendship Living Bryant Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in January 2007, 19 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 2023, Friendship Living Bryant Inc reported income of $86k and spending of $109k, spending 128% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $76k to $86k (+14%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friendship Living Bryant Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within AR. Charities of a similar size with the same main cause include Vesta Charles Inc ($86k), Douglas County Housing Inc ($86k) and Alternative Homes 2004 Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $4,895. At year end it held assets of $808k against liabilities of $1.1m, net assets of -$341k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.