930 Freinds

Analysis

930 Freinds is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, 930 Freinds reported income of $60k and spending of $78k, spending 131% of what it took in. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 380% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 930 Freinds sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Project Live Xiii Inc ($60k), Brian Parker Memorial Foundation ($60k) and Nci Clinical Research Foundation Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $521k against liabilities of $0, net assets of $521k.

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.